American Tower Corporation (REI – Consensus Indicates Potential 19.3% Upside

Broker Ratings
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American Tower Corporation (REI found using ticker (AMT) have now 19 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 350 and 271 calculating the mean target price we have 304.79. Given that the stocks previous close was at 255.44 this would imply there is a potential upside of 19.3%. The 50 day moving average now sits at 271.38 and the 200 day MA is 271. The company has a market capitalisation of $114,136m. Visit the company website at: https://www.americantower.com

The potential market cap would be $136,186m 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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