American Tower Corporation (REI – Consensus Indicates Potential 11.3% Upside

Broker Ratings
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American Tower Corporation (REI found using ticker (AMT) now have 17 analysts in total covering the stock. The consensus rating is ‘Buy’. The range between the high target price and low target price is between 280 and 224 with the average target price sitting at 253.06. Given that the stocks previous close was at 227.39 this indicates there is a potential upside of 11.3%. The 50 day moving average now sits at 218.3 and the 200 moving average now moves to 235.49. The market cap for the company is $103,392m. Company Website: https://www.americantower.com

The potential market cap would be $115,064m based on the market concensus.

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.

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