Americold Realty Trust Inc
COLD: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$47.80 | Mmpvh | Ywflygtc |
We Believe Headwinds in Cold Storage Are Transitory; Relaunching Americold Realty With a $31.50 FVE
We are relaunching coverage of cold-storage REIT Americold Realty Trust with a fair value estimate of $31.50 after taking a fresh look. Our valuation implies that the company is currently fairly valued. Americold Realty is the world's second-largest owner and operator of temperature-controlled warehouses, which mainly store perishable food products but also other temperature-sensitive items like pharmaceuticals, florals, and chemicals. We assign a no-moat rating, a stable moat trend, and a standard capital allocation rating to the company.