American Tower Corporation (REI which can be found using ticker (AMT) now have 16 analysts in total covering the stock. The consensus rating is pointing to ‘Buy’. The range between the high target price and low target price is between 275 and 224 calculating the average target price we see $245.94. Now with the previous closing price of $205.05 and the analysts are correct then there would likely be a percentage uptick in value of 19.9%. Also worth taking note is the 50 day moving average now sits at $212.02 while the 200 day moving average is $229.54. The company has a market cap of $95,481m. Visit the company website at: https://www.americantower.com
The potential market cap would be $114,521m based on the market consensus.
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.
The company has a dividend yield of 3.08% with the ex dividend date set at 13-4-2023 (DMY).
Other points of data to note are a P/E ratio of 52.85, revenue per share of 23.21 and a 2.86% return on assets.
