Prologis with ticker code (PLD) have now 15 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 $126. calculating the mean target price we have $158.60. Now with the previous closing price of $132.40 this indicates there is a potential upside of 19.8%. The day 50 moving average is $121.60 and the 200 day MA is $145.19. The market capitalisation for the company is $98,140m. Company Website: https://www.prologis.com
The potential market cap would be $117,560m 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.
