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PLYM

Plymouth Industrial REIT

$18.52

0.02 (0.11%)

06:34
01/04/18
01/04
06:34
01/04/18
06:34

Plymouth Industrial REIT acquires single-tenant manufacturing building for $4.1M

Plymouth Industrial REIT acquired 440 McLean Boulevard in the Chicago Northwest submarket of Elgin, Illinois for $4.1M in cash. The acquisition is projected to provide an initial yield of 9.7%. The 75,000-square-foot light manufacturing building is leased to Burndy Engineering, a manufacturer of equipment for the natural gas industry and a subsidiary of NYSE-listed Hubbell Corporation.

PLYM Plymouth Industrial REIT
$18.52

0.02 (0.11%)

06/20/17
DADA
06/20/17
INITIATION
DADA
Buy
Plymouth Industrial REIT initiated with a Buy at DA Davidson
DA Davidson analyst Barry Oxford started coverage of Plymouth Industrial with a $21 price target and a Buy rating. The analyst expects Plymouth to benefit from the improving economy and strong demand for warehouses for use in e-commerce. He says that the latter trend is in its early stages, and he calls Plymouth's valuation attractive.
06/20/17
06/20/17
INITIATION

On The Fly: Top five analyst initiations
Catch up on today's top five analyst initiations with this list compiled by The Fly: 1. Delta Air Lines (DAL) was initiated with an Overweight and a top pick at Atlantic Equities, while United Continental (UAL) was initiated with an Overweight, Southwest (LUV) was initiated with a Neutral, and American Airlines (AAL) was initiated with an Underweight. 2. Zoetis (ZTS) reinstated with a Buy at Hilliard Lyons. 3. Algonquin Power (AQN) initiated with a Market Perform at Wells Fargo. 4. Merit Medical (MMSI) initiated with a Buy at SunTrust. 5. Plymouth Industrial REIT (PLYM) initiated with a Buy at DA Davidson. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.

TODAY'S FREE FLY STORIES

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SIEGY

Siemens

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USG

USG

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eBay

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THR

Thermon Group

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AMD

AMD

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SPX

S&P 500

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HES

Hess Corp.

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UPLD

Upland Software

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BKU

BankUnited

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UPS

UPS

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COP

ConocoPhillips

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ABBV

AbbVie

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AAL

American Airlines

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PLUS

ePlus

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TCO

Taubman Centers

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RTN

Raytheon

, LMT

Lockheed Martin

$329.23

-7.14 (-2.12%)

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Lockheed Martin

$329.23

-7.14 (-2.12%)

GD

General Dynamics

$214.53

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NOC

Northrop Grumman

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ALGT

Allegiant Travel

$143.35

-0.1 (-0.07%)

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COLB

Columbia Banking

$44.76

0.05 (0.11%)

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FB

Facebook

$159.69

0.03 (0.02%)

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SIEN

Sientra

$12.91

-0.88 (-6.38%)

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BAH

Booz Allen

$39.82

-0.31 (-0.77%)

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CFR

Cullen/Frost

$109.66

0.22 (0.20%)

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ABBV

AbbVie

$91.91

0.57 (0.62%)

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ABBV

AbbVie

$91.91

0.57 (0.62%)

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