Analysts at UBS Group began coverage on shares of Industrial Logistics Properties Trust (NASDAQ:ILPT) in a research note issued to investors on Tuesday, www.benzinga.com reports. The firm set a “neutral” rating and a $23.00 price target on the stock. UBS Group’s price objective points to a potential upside of 4.78% from the company’s current price.

Industrial Logistics Properties Trust (ILPT) opened at $21.95 on Tuesday. The company has a debt-to-equity ratio of 0.12, a current ratio of 0.07 and a quick ratio of 0.07. Industrial Logistics Properties Trust has a 12-month low of $17.21 and a 12-month high of $24.00.

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About Industrial Logistics Properties Trust

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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