
PLYM Stock Forecast & Price Target
PLYM Analyst Ratings
Bulls say
Plymouth Industrial REIT is positioned to benefit significantly from increasing industrial demand, which is expected to drive higher occupancy rates and rental income, consequently leading to substantial growth in Adjusted Funds from Operations (AFFO). The company possesses a diverse portfolio of Class B industrial properties located in strategically important markets across the United States, which enhances its revenue-generating capabilities. Additionally, a recent acquisition offer reflects a notable premium to both the company's pre-offer closing price and its 30-day volume-weighted average price, indicating strong market confidence in Plymouth's value.
Bears say
Plymouth Industrial REIT's recent underperformance is attributed to the complexities introduced by Sixth Street's investment in the company, which has adversely affected its capital structure and investment strategy. The issuance of additional shares (12.4 million) through Sixth Street's warrants is expected to result in significant share dilution, increasing the cost for any potential competing bids by 90 to 120 basis points. This financial burden, coupled with a lack of favorable strategic direction, contributes to a negative outlook for the company's stock.
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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