Prologis with ticker code (PLD) have now 14 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 $130. with a mean TP of $158.14. With the stocks previous close at $101.19 this would indicate that there is a potential upside of 56.3%. The 50 day MA is $124.66 while the 200 day moving average is $139.70. The market capitalisation for the company is $75,222m. Company Website: https://www.prologis.com
The potential market cap would be $117,558m 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.
