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Plymouth Industrial Reit ( (PLYM) ) has issued an update.
On October 24, 2025, Plymouth Industrial REIT, Inc. entered into a merger agreement under which the company will merge into a subsidiary of PIR Ventures LP, with its operating partnership also combining with a related subsidiary immediately beforehand, leaving both surviving entities as wholly owned units of the acquiring group. In connection with this pending transaction, a special shareholders’ meeting to vote on the mergers is scheduled for January 22, 2026, and, separately, on January 9, 2026, Redimere Advisors LLC filed a complaint in Massachusetts state court alleging breach of a 2022 engagement letter and sought emergency relief to restrict disposition of certain merger-related funds, though it has clarified it is not seeking to block consummation of the mergers; Plymouth Industrial REIT has stated it believes the claims are without merit and plans to vigorously defend against them, introducing a layer of legal uncertainty but not an explicit challenge to closing the deal.
The most recent analyst rating on (PLYM) stock is a Hold with a $24.00 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 Neutral.
The score is driven primarily by mixed financial performance (revenue decline, negative EBIT, and high leverage) offset by relatively attractive valuation and a significant M&A catalyst, while technical signals remain largely neutral with limited momentum.
To see Spark’s full report on PLYM stock, click here.
More about Plymouth Industrial Reit
Plymouth Industrial REIT, Inc. is a real estate investment trust focused on owning and operating industrial properties through its operating partnership structure, with its corporate and partnership entities organized under Maryland and Delaware law.
Average Trading Volume: 1,512,497
Technical Sentiment Signal: Buy
Current Market Cap: $989.1M
See more insights into PLYM stock on TipRanks’ Stock Analysis page.