Prologis, Inc. with ticker code (PLD) now have 21 analysts in total covering the stock. The consensus rating is pointing to ‘Buy’. The range between the high target price and low target price is between $193.00 and $125. suggesting an average Analsyt target price of $142.86. Given that the stocks previous close was at $122.27 this would imply there is now a potential upside of 16.8%. The 50 day moving average now sits at $123.80 and the 200 day moving average is $119.30. The market cap for the company is $113,353m. You can visit the company’s website by visiting: https://www.prologis.com
The potential market cap would be $132,442m based on the market consensus.
Prologis, Inc. 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.
The company has a dividend yield of 2.84% with the ex dividend date set at 16-3-2023 (DMY).
Other points of data to note are a P/E ratio of 28.88, revenue per share of 8 and a 2.21% return on assets.
