COLD Price Prediction Next Week
Analysis and Insights
News Impact:
- Acquisition Announcement: Americold Realty Trust (COLD) has acquired a Houston facility for $127M, expanding its cold storage capacity and future growth potential.
- Dividend Attractiveness: COLD is near its 52-week low and approaching its ex-dividend date, making it attractive for dividend-focused investors.
- Analyst Sentiment: Recent price target increase to $28 from $27 at Scotiabank indicates positive analyst sentiment.
Technical Analysis:
- RSI: The RSI_6 at 38.03 suggests the stock is oversold, indicating a potential rebound.
- MACD: The MACD is near zero, signaling a possible bullish crossover.
- Fibonacci Levels: The stock is near the Fibonacci pivot point of 21.72, with resistance at 22.56 and 23.08, and support at 20.87 and 20.35.
Price Prediction:
Based on the acquisition news, dividend appeal, and oversold RSI, the stock is expected to rise to $23.08 next week.
Recommendation:
Buy COLD as it approaches the Fibonacci support level, with a target price of $23.08.
COLD Similar Chart Price Prediction
The price of COLD is predicted to go up 0.47%, based on the high correlation periods with BFS. The similarity of these two price pattern on the periods is 91.43%.
COLD
BFS
Up: 0.47%Similarity: 91.43%
COLD Revenue Forecast
COLD EPS Forecast
COLD FAQs
What is COLD revenue forecast for next quarter？
COLD VS S&P500
Demand for cold storage is tied to demand for food, which is relatively stable through economic cycles.
We expect demand for temperature-controlled storage space to rise, due to consumers' increasing desires for greater variety and fresh/organic choices at the grocery store as well as a newfound focus on resilience over efficiency in supply chains.
The temperature-controlled warehouse space has rapidly consolidated in the past decade, with Americold and rival Lineage Logistics combined controlling more than 45% of all capacity in the North American market.
COLD Analyst's Forecast
Nick Joseph
Citigroup
Hold
2025-03-21
Price Target
$25 → $23
Upside
+8.03%
Citi analyst Nick Joseph lowered the firm's price target on Americold Realty Trust to $23 from $25 and keeps a Neutral rating on the shares. The firm is updating its model to reflect Q4 earnings and its 2025 AFFO per share forecast increased to $1.59 from $1.57, but it is applying a lower multiple to reflect continued softness in demand.
Greg McGinniss
Scotiabank
Buy
2025-03-10
Price Target
$27 → $28
Upside
+28.32%
William Crow
Raymond James
Buy
2024-12-11
Price Target
$31 → $27
Upside
+18.63%
