Industrial Logistics Properties Trust (ILPT) Earns Neutral Rating from Analysts at UBS Group

UBS Group initiated coverage on shares of Industrial Logistics Properties Trust (NASDAQ:ILPT) in a research note released on Tuesday, www.benzinga.com reports. The firm issued a neutral rating and a $23.00 price target on the stock.

Industrial Logistics Properties Trust (NASDAQ:ILPT) opened at $21.30 on Tuesday. Industrial Logistics Properties Trust has a one year low of $17.21 and a one year 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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