Industrial Logistics Properties Trust (NASDAQ:ILPT) Now Covered by Bank of America

Bank of America began coverage on shares of Industrial Logistics Properties Trust (NASDAQ:ILPT) in a research report sent to investors on Tuesday, February 6th, Marketbeat Ratings reports. The firm issued a buy rating and a $25.00 price objective on the stock.

Separately, UBS Group initiated coverage on Industrial Logistics Properties Trust in a research report on Tuesday, February 6th. They issued a neutral rating and a $23.00 target price on the stock. One research analyst has rated the stock with a hold rating and four have assigned a buy rating to the stock. The company presently has an average rating of Buy and an average target price of $26.20.

Shares of Industrial Logistics Properties Trust (NASDAQ ILPT) opened at $20.99 on Tuesday. The company has a quick ratio of 0.07, a current ratio of 0.07 and a debt-to-equity ratio of 0.12. Industrial Logistics Properties Trust has a 52 week low of $17.21 and a 52 week high of $24.00.

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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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