Prologis with ticker code (PLD) have now 15 analysts covering the stock. The analyst consensus points to 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 $161.27. With the stocks previous close at $125.68 this indicates there is a potential upside of 28.3%. There is a 50 day moving average of $121.20 and the 200 day moving average is $145.18. The market capitalisation for the company is $93,950m. You can visit the company’s website by visiting: https://www.prologis.com
The potential market cap would be $120,554m 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.
