Zacks: Plymouth Ind Re (NASDAQ:PLYM) Given $19.67 Average Price Target by Brokerages

Shares of Plymouth Ind Re (NASDAQ:PLYM) have earned an average broker rating score of 1.67 (Buy) from the three analysts that cover the stock, Zacks Investment Research reports. One equities research analyst has rated the stock with a hold recommendation and two have issued a strong buy recommendation on the company.

Brokers have set a 1-year consensus target price of $19.67 for the company and are expecting that the company will post $0.48 EPS for the current quarter, according to Zacks. Zacks has also assigned Plymouth Ind Re an industry rank of 82 out of 256 based on the ratings given to related companies.

Shares of PLYM stock traded down $0.01 on Friday, reaching $18.53. 8,476 shares of the company’s stock were exchanged, compared to its average volume of 53,738. Plymouth Ind Re has a 52 week low of $10.95 and a 52 week high of $19.59. The business has a fifty day moving average of $17.99.

Plymouth Ind Re Company Profile

Plymouth Industrial REIT, Inc is a vertically integrated and self-managed real estate investment trust focused on the acquisition and operation of single and multi-tenant industrial properties located in secondary and select primary markets across the United States. The Company seeks to acquire properties that provide income and growth that enable the Company to leverage its real estate operating expertise to enhance shareholder value through active asset management, prudent property re-positioning and disciplined capital deployment.

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