
PLYM Stock Forecast & Price Target
PLYM Analyst Ratings
Bulls say
Plymouth Industrial REIT is positioned to benefit from increasing industrial demand, which is expected to lead to outsized rental rate increases and higher-than-anticipated Adjusted Funds from Operations (AFFO) growth. The company's strong performance is also supported by robust occupancy gains across its property portfolio, primarily located in key markets throughout the U.S. Furthermore, the value proposition of PLYM shares is reinforced by a substantial premium relative to both its pre-offer closing price and the consensus NAV, highlighting potential shareholder value.
Bears say
Plymouth Industrial REIT is experiencing underperformance largely attributed to the complexities introduced by Sixth Street's investment strategy, which has negatively impacted its capital structure. The dilution of shares due to Sixth Street's warrants, amounting to 12.4 million shares at a price of $24.88 per share, has further exacerbated the company's financial position by making any potential competing offers significantly more expensive. Consequently, these factors raise concerns about the overall attractiveness and competitiveness of Plymouth Industrial REIT's stock in the current market environment.
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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