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Plymouth Industrial REIT Inc has a consensus price target of $26.1 based on the ratings of 10 analysts. The high is $32 issued by JMP Securities on January 12, 2022. The low is $23 issued by JP Morgan on July 10, 2024. The 3 most-recent analyst ratings were released by Baird, JMP Securities, and Truist Securities on November 12, 2024, August 28, 2024, and August 28, 2024, respectively. With an average price target of $26.33 between Baird, JMP Securities, and Truist Securities, there's an implied 41.42% upside for Plymouth Industrial REIT Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Plymouth Industrial REIT (NYSE:PLYM) was reported by Baird on November 12, 2024. The analyst firm set a price target for $25.00 expecting PLYM to rise to within 12 months (a possible 34.26% upside). 13 analyst firms have reported ratings in the last year.
The latest analyst rating for Plymouth Industrial REIT (NYSE:PLYM) was provided by Baird, and Plymouth Industrial REIT maintained their outperform rating.
The last upgrade for Plymouth Industrial REIT Inc happened on January 22, 2024 when JMP Securities raised their price target to $27. JMP Securities previously had a market perform for Plymouth Industrial REIT Inc.
The last downgrade for Plymouth Industrial REIT Inc happened on December 18, 2023 when JP Morgan changed their price target from $23 to $25 for Plymouth Industrial REIT Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Plymouth Industrial REIT, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Plymouth Industrial REIT was filed on November 12, 2024 so you should expect the next rating to be made available sometime around November 12, 2025.
While ratings are subjective and will change, the latest Plymouth Industrial REIT (PLYM) rating was a maintained with a price target of $26.00 to $25.00. The current price Plymouth Industrial REIT (PLYM) is trading at is $18.62, which is out of the analyst’s predicted range.
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