American Tower Corporation (REI with ticker code (AMT) now have 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 347 and 250 with the average target price sitting at 296.63. With the stocks previous close at 273.95 this now indicates there is a potential upside of 8.3%. The 50 day MA is 258.88 and the 200 day MA is 255.89. The market cap for the company is $129,303m. You can visit the company’s website by visiting: https://www.americantower.com
The potential market cap would be $140,008m 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.
