Prologis found using ticker (PLD) now have 18 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between $209.00 and $147. with the average target price sitting at $174.61. Given that the stocks previous close was at $149.58 this indicates there is a potential upside of 16.7%. The day 50 moving average is $153.49 and the 200 day MA is $139.21. The company has a market cap of $111,622m. Find out more information at: https://www.prologis.com
The potential market cap would be $130,300m based on the market concensus.
Prologis is the global leader in logistics real estate with a focus on high-barrier, high-growth markets. As of December 31, 2020, the company owned or had investments in, on a wholly owned basis or through co-investment ventures, properties and development projects expected to total approximately 984 million square feet (91 million square meters) in 19 countries. Prologis leases modern logistics facilities to a diverse base of approximately 5,500 customers principally across two major categories: business-to-business and retail/online fulfillment.
