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An announcement from Plymouth Industrial Reit ( (PLYM) ) is now available.
On June 18, 2025, Plymouth Industrial REIT, Inc. completed the acquisition of a 21-building industrial property portfolio for $193.0 million. This strategic acquisition, funded through the company’s unsecured revolving credit facility, adds approximately 2.1 million square feet of rentable space to its portfolio, enhancing its market position in the industrial real estate sector.
The most recent analyst rating on (PLYM) stock is a Buy with a $27.00 price target. To see the full list of analyst forecasts on Plymouth Industrial Reit stock, see the PLYM Stock Forecast page.
Spark’s Take on PLYM Stock
According to Spark, TipRanks’ AI Analyst, PLYM is a Outperform.
Plymouth Industrial REIT scores highly due to its strong financial performance, attractive valuation, and positive earnings call outlook. The company’s strategic acquisition efforts further bolster its prospects. Technical indicators support a stable trading environment, enhancing investor confidence.
To see Spark’s full report on PLYM stock, click here.
More about Plymouth Industrial Reit
Plymouth Industrial REIT, Inc. operates in the real estate investment trust (REIT) industry, focusing on acquiring, owning, and managing industrial properties. The company primarily targets industrial properties, which are crucial for logistics and warehousing, catering to a diverse range of tenants in the industrial sector.
Average Trading Volume: 362,758
Technical Sentiment Signal: Sell
Current Market Cap: $757.3M
See more data about PLYM stock on TipRanks’ Stock Analysis page.