American Tower Corporation (REI with ticker code (AMT) have now 19 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 332 and 253 and has a mean target at 292.53. With the stocks previous close at 242.53 this would imply there is a potential upside of 20.6%. The 50 day moving average now sits at 242.12 and the 200 day moving average is 268.81. The company has a market capitalisation of $110,745m. Company Website: https://www.americantower.com
The potential market cap would be $133,577m 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 ÂEarnings Materials and ÂInvestor Presentations sections of our investor relations website at www.americantower.com.
