
PLYM Stock Forecast & Price Target
PLYM Analyst Ratings
Bulls say
Plymouth Industrial REIT is positioned for significant growth due to the strong demand for industrial properties, which is currently outpacing supply, potentially leading to outsized rental rate increases and higher-than-expected adjusted funds from operations (AFFO) growth. The company's portfolio, primarily consisting of Class B industrial properties in key markets such as Florida, Ohio, and Georgia, is experiencing better-than-expected occupancy gains and rental rate increases, strengthening its revenue base. Additionally, recent offers to shareholders reflect a substantial premium, indicating robust investor interest and confidence in Plymouth Industrial REIT's valuation and growth trajectory.
Bears say
Plymouth Industrial REIT Inc. has faced underperformance attributed to the complex capital structure and investment strategy stemming from Sixth Street's investment last August. The imminent share dilution resulting from Sixth Street's warrants, totaling 12.4 million shares at $24.88 each, poses an additional financial burden by raising the cost of competing bids. These factors collectively contribute to a challenging environment for the company's stock, indicating a concerning outlook for investors.
This aggregate rating is based on analysts' research of Plymouth Industrial REIT and is not a guaranteed prediction by Public.com or investment advice.
PLYM Analyst Forecast & Price Prediction
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