KeyBanc Reiterates Overweight Rating on Americold Realty Trust (COLD)

KeyBanc analyst Todd M. Thomas reiterated an Overweight rating and $18.00 price target on Americold Realty Trust (NYSE: COLD).

The analyst commented: "Cold Storage Ops Continue to Stabilize, but Execution Driving Results; We reiterate our OW rating and $18 PT, and raise our 2026/2027 AFFO estimates (management definition) by ~6% and ~3% following strong 2Q26 results. While cold storage fundamentals continue to stabilize, COLD is executing on several self-help initiatives that are driving meaningful results, including market share gains, cost reductions, and portfolio rationalization; a reduction in leverage is also underway. These efforts, including the expected 3Q26 closing of the $1.3B EQT JV, should materially enhance financial flexibility and position the Company for accelerating earnings growth into 2027."

For an analyst ratings summary and ratings history on Americold Realty Trust click here. For more ratings news on Americold Realty Trust click here.

Shares of Americold Realty Trust closed at $14.96 yesterday.

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