Industrial Logistics Properties Trust (NASDAQ:ILPT) has received a consensus broker rating score of 1.60 (Buy) from the five brokers that provide coverage for the company, Zacks Investment Research reports. One research analyst has rated the stock with a hold recommendation, one has given a buy recommendation and three have issued a strong buy recommendation on the company.

Brokers have set a twelve-month consensus price target of $26.20 for the company, according to Zacks. Zacks has also assigned Industrial Logistics Properties Trust an industry rank of 229 out of 265 based on the ratings given to related companies.

A number of brokerages have weighed in on ILPT. JMP Securities began coverage on shares of Industrial Logistics Properties Trust in a research note on Tuesday, February 6th. They set an “outperform” rating and a $26.00 target price for the company. Royal Bank of Canada began coverage on shares of Industrial Logistics Properties Trust in a research note on Tuesday, February 6th. They set an “outperform” rating and a $27.00 target price for the company. B. Riley began coverage on shares of Industrial Logistics Properties Trust in a research note on Tuesday, February 6th. They set a “buy” rating and a $30.00 target price for the company. Bank of America began coverage on shares of Industrial Logistics Properties Trust in a report on Tuesday, February 6th. They set a “buy” rating and a $25.00 price target on the stock. Finally, UBS Group began coverage on shares of Industrial Logistics Properties Trust in a report on Tuesday, February 6th. They set a “neutral” rating and a $23.00 price target on the stock.

Shares of Industrial Logistics Properties Trust (ILPT) traded down $0.15 during midday trading on Friday, hitting $20.99. 182,400 shares of the company’s stock were exchanged, compared to its average volume of 482,772. Industrial Logistics Properties Trust has a fifty-two week low of $17.21 and a fifty-two week high of $24.00. The company has a quick ratio of 0.07, a current ratio of 0.07 and a debt-to-equity ratio of 0.12.

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Industrial Logistics Properties Trust Company Profile

Industrial Logistics Properties Trust is focused on the ownership and leasing of industrial and logistics properties throughout the United States. The Company owns 266 properties with a total of approximately 28.5 million square feet, including: 226 buildings, leasable land parcels and easements totaling approximately 16.8 million square feet located on the island of Oahu, Hawaii; and 40 properties with approximately 11.7 million square feet located in 24 other states.

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