American Tower Corporation (REI found using ticker (AMT) have now 17 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 280 and 215 and has a mean target at 249.06. Now with the previous closing price of 218.22 this now indicates there is a potential upside of 14.1%. There is a 50 day moving average of 207.16 while the 200 day moving average is 240. The market cap for the company is $99,384m. Company Website: https://www.americantower.com
The potential market cap would be $113,429m 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.
