COLD Price Prediction Next Week
Prediction and Recommendation for COLD Stock
Based on the analysis of news sentiment, technical indicators, and analyst ratings, here is the prediction for Americold Realty Trust (COLD) stock for the next trading week:
News Sentiment and Analyst Ratings:
- Positive Analyst Ratings: Truist Financial analyst Ki Bin Kim maintained a Buy rating with a price target of $27.00, indicating a positive outlook for COLD.
- JPMorgan's Climate Adaptation List: COLD was highlighted as a top stock for climate adaptation, suggesting strong long-term growth potential.
- Average Analyst Target Price: The average analyst target price for COLD is $27.50, representing a 21.8% upside from the current price of $22.68.
Technical Indicators:
- RSI (14): 55.91, indicating a neutral position, not overbought or oversold.
- MACD: Showing a slight bullish signal with a positive divergence.
- Bollinger Bands: The stock is trading near the lower Bollinger Band, suggesting potential oversold conditions and a possible bounce.
Fibonacci Levels:
- Pivot Point: $22.63
- Resistance Levels: $23.27 (R1), $23.67 (R2)
- Support Levels: $21.98 (S1), $21.58 (S2)
Price Prediction:
Based on the technical indicators and positive news sentiment, the stock is expected to test the resistance levels next week. The target price for the next trading week is $24.50.
Recommendation:
Buy COLD stock as the combination of positive analyst sentiment, inclusion in JPMorgan's climate adaptation list, and favorable technical indicators suggest a bullish outlook for the short term.
COLD Similar Chart Price Prediction
The price of COLD is predicted to go up -3.99%, based on the high correlation periods with GROW. The similarity of these two price pattern on the periods is 91.62%.
COLD
GROW
Down: -3.99%Similarity: 91.62%
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
Greg McGinniss
Scotiabank
Buy
2025-03-10
Price Target
$27 → $28
Upside
+28.32%
Scotiabank raised the firm's price target on Americold Realty Trust to $28 from $27 and keeps an Outperform rating on the shares. While 2025 is expected to experience more historically typical seasonality, commentary from management noted a more challenging year-over-year comparables in H1 of 2025, the analyst tells investors.
William Crow
Raymond James
Buy
2024-12-11
Price Target
$31 → $27
Upside
+18.63%
Michael Bilerman
Citigroup
Hold
2024-12-04
Price Target
$30 → $25
Upside
+8.51%
