American Tower Corporation (REI which can be found using ticker (AMT) have now 15 confirmed analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 271 and 215 calculating the mean target price we have $241.47. Given that the stocks previous close was at $205.59 this would indicate that there is a potential upside of 17.5%. The 50 day MA is $202.78 and the 200 day moving average is $223.45. The company has a market cap of $95,136m. Company Website: https://www.americantower.com
The potential market cap would be $111,740m based on the market consensus.
American Tower Corporation, one of the largest global REITs, is a leading independent owner, operator and developer of multitenant communications real estate with a portfolio of approximately 219,000 communications sites. For more information about American Tower, please visit the Earnings Materials and Investor Presentations sections of our investor relations website at www.americantower.com.
The company has a dividend yield of 3.06% with the ex dividend date set at 13-4-2023 (DMY).
Other points of data to note are a P/E ratio of 53.44, revenue per share of 23.21 and a 2.86% return on assets.
