Prologis with ticker code (PLD) have now 18 analysts in total covering the stock. The consensus rating is ‘Buy’. The range between the high target price and low target price is between $228.00 and $153. with the average target price sitting at $183.39. Now with the previous closing price of $144.98 this is indicating there is a potential upside of 26.5%. The day 50 moving average is $158.59 while the 200 day moving average is $147.63. The company has a market capitalisation of $104,289m. Company Website: https://www.prologis.com
The potential market cap would be $131,918m 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.
