Prologis with ticker code (PLD) now have 18 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between $209.00 and $152. with a mean TP of $174.72. With the stocks previous close at $168.83 this would indicate that there is a potential upside of 3.5%. The day 50 moving average is $153.63 while the 200 day moving average is $144.04. The market cap for the company is $124,832m. You can visit the company’s website by visiting: https://www.prologis.com
The potential market cap would be $129,187m 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.
