SunTrust Banks began coverage on shares of AmeriCold Realty Trust (NYSE:COLD) in a research report sent to investors on Tuesday, Marketbeat.com reports. The brokerage issued a buy rating and a $21.00 target price on the stock.

Several other research firms have also commented on COLD. Bank of America initiated coverage on AmeriCold Realty Trust in a report on Tuesday. They issued a buy rating and a $20.00 target price on the stock. JPMorgan Chase & Co. initiated coverage on AmeriCold Realty Trust in a report on Tuesday. They issued a neutral rating and a $19.00 target price on the stock. One research analyst has rated the stock with a hold rating and four have issued a buy rating to the company. The company currently has an average rating of Buy and a consensus price target of $20.40.

AmeriCold Realty Trust (NYSE:COLD) opened at $17.96 on Tuesday. AmeriCold Realty Trust has a twelve month low of $16.13 and a twelve month high of $18.41.

In related news, major shareholder Goldman Sachs Group Inc acquired 125,000 shares of the firm’s stock in a transaction on Friday, January 19th. The stock was bought at an average price of $17.40 per share, for a total transaction of $2,175,000.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Ronald W. Burkle sold 13,581,284 shares of the company’s stock in a transaction on Tuesday, January 23rd. The shares were sold at an average price of $14.90, for a total transaction 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.

Analyst Recommendations for AmeriCold Realty Trust (NYSE:COLD)

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