RBC Capital analyst Michael Carroll maintained a Hold rating on Industrial Logistics Properties (NASDAQ:ILPT) Trust on Wednesday, setting a price target of $25, which is approximately 7.25% above the present share price of $23.31.
Carroll expects Industrial Logistics Properties Trust to post earnings per share (EPS) of $0.28 for the fourth quarter of 2021.
The current consensus among 3 TipRanks analysts is for a Moderate Buy rating of shares in Industrial Logistics Properties, with an average price target of $27.67.
The analysts price targets range from a high of $30 to a low of $25.
In its latest earnings report, released on 09/30/2021, the company reported a quarterly revenue of $54.98 million and a net profit of $25.53 million. The company's market cap is $1.52 billion.
According to TipRanks.com, RBC Capital analyst Michael Carroll is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 12.5% and a 71.24% success rate.
Industrial Logistics Properties Trust is a real estate investment trust, which owns and leases industrial and logistics buildings and leased industrial lands. The company was founded on September 15, 2017 and is headquartered in Newton, MA.