Prologis found using ticker (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 $196.00 and $153. with the average target price sitting at $174.80. Given that the stocks previous close was at $129.54 this would imply there is a potential upside of 34.9%. The 50 day moving average now sits at $148.27 while the 200 day moving average is $147.13. The company has a market cap of $94,443m. Company Website: https://www.prologis.com
The potential market cap would be $127,441m 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.
