American Tower Corporation (REI found using ticker (AMT) now have 19 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 347 and 250 with the average target price sitting at 296.95. Now with the previous closing price of 261.19 this would imply there is a potential upside of 13.7%. The 50 day MA is 262.12 and the 200 moving average now moves to 255.4. The market cap for the company is $121,583m. Company Website: https://www.americantower.com
The potential market cap would be $138,230m 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.
