Prologis found using ticker (PLD) 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 $193.00 and $117. calculating the average target price we see $136.53. Now with the previous closing price of $115.53 this now indicates there is a potential upside of 18.2%. There is a 50 day moving average of $107.85 and the 200 day MA is $130.06. The company has a market capitalisation of $107,437m. Visit the company website at: https://www.prologis.com
The potential market cap would be $126,966m 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.
