Prologis with ticker code (PLD) now have 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. and has a mean target at $158.60. With the stocks previous close at $130.75 this would indicate that there is a potential upside of 21.3%. The 50 day MA is $122.67 and the 200 day MA is $145.02. The market cap for the company is $97,278m. Visit the company website at: https://www.prologis.com
The potential market cap would be $117,998m 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.
