American Tower Corporation (REI with ticker code (AMT) now have 18 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 325 and 257 calculating the average target price we see 290.89. Now with the previous closing price of 255.54 this now indicates there is a potential upside of 13.8%. There is a 50 day moving average of 242.33 while the 200 day moving average is 267.34. The company has a market capitalisation of $116,829m. Company Website: https://www.americantower.com
The potential market cap would be $132,991m 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.
