American Tower Corporation (REI – Consensus Indicates Potential 31.3% Upside

Broker Ratings
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American Tower Corporation (REI with ticker code (AMT) have now 18 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 350 and 271 with a mean TP of 304.39. With the stocks previous close at 231.75 this is indicating there is a potential upside of 31.3%. The 50 day MA is 256.33 and the 200 day MA is 270.14. The company has a market capitalisation of $106,412m. You can visit the company’s website by visiting: https://www.americantower.com

The potential market cap would be $139,766m 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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