American Tower Corporation (REI which can be found using ticker (AMT) now have 15 analysts in total covering the stock. The consensus rating is pointing to ‘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 $204.14 and the analysts are correct then there would likely be a percentage uptick in value of 18.3%. The day 50 moving average is $202.55 while the 200 day moving average is $223.19. The company has a market capitalization of $95,043m. Company Website: https://www.americantower.com
The potential market cap would be $112,423m 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 53.39, revenue per share of 23.21 and a 2.86% return on assets.
