
PLYM Stock Forecast & Price Target
PLYM Analyst Ratings
Bulls say
Plymouth Industrial REIT Inc. is strategically focused on the acquisition and management of Class B industrial properties in both primary and secondary markets across the U.S., which enhances its portfolio diversification and revenue streams. Strong demand growth in the industrial sector is leading to accelerated occupancy gains and rental rate increases, positioning the company for potentially outsized AFFO growth. Additionally, the substantial premiums associated with recent offers for shares suggest favorable conditions for shareholders, reinforcing a positive outlook for the stock's performance.
Bears say
Plymouth Industrial REIT's recent underperformance can be attributed to the complexities introduced by Sixth Street's investment, which has adversely impacted its capital structure and investment strategy. The issuance of Sixth Street's warrants, amounting to 12.4 million shares at a price of $24.88 per share, may lead to significant share dilution, thereby increasing the cost for any competing bids and complicating future acquisition efforts. Additionally, the increased expense related to competing offers, estimated to be 90-120 basis points, further exacerbates the challenges facing the company's stock outlook.
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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