Prologis with ticker code (PLD) now have 15 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between $196.00 and $132. with a mean TP of $169.13. With the stocks previous close at $122.57 this indicates there is a potential upside of 38.0%. The 50 day MA is $126.76 and the 200 day moving average is $145.41. The market capitalisation for the company is $90,011m. Visit the company website at: https://www.prologis.com
The potential market cap would be $124,203m 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.
