JPMorgan Chase & Co. began coverage on shares of AmeriCold Realty Trust (NYSE:COLD) in a report published on Tuesday morning, MarketBeat Ratings reports. The brokerage issued a neutral rating and a $19.00 price objective on the stock.
AmeriCold Realty Trust (COLD) opened at $17.98 on Tuesday. AmeriCold Realty Trust has a 12-month low of $16.13 and a 12-month high of $18.41.
In other news, major shareholder Goldman Sachs Group Inc acquired 125,000 shares of the stock in a transaction on Friday, January 19th. The shares were purchased at an average price of $17.40 per share, for a total transaction of $2,175,000.00. The acquisition was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Ronald W. Burkle sold 13,581,284 shares of the stock in a transaction on Tuesday, January 23rd. The stock was sold at an average price of $14.90, for a total value of $202,361,131.60. The disclosure for this sale can be found here.
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About AmeriCold Realty Trust
Americold Realty Trust is a real estate investment trust (REIT) engaged in the provision of temperature controlled warehousing and distribution services in the United States. The Company operates 104 facilities, of which 90 are wholly owned or leased, 13 are managed for outside owners, and one is partially owned.
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