American Tower Corporation (REI – Consensus Indicates Potential 12.0% Upside

Broker Ratings

American Tower Corporation (REI found using ticker (AMT) now have 17 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The range between the high target price and low target price is between 280 and 209 with a mean TP of 247.76. Given that the stocks previous close was at 221.3 this indicates there is a potential upside of 12.0%. The 50 day MA is 207.53 and the 200 day MA is 240.72. The company has a market capitalisation of $102,140m. Company Website: https://www.americantower.com

The potential market cap would be $114,352m 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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