Prologis, Inc. – Consensus ‘Buy’ rating and 17.1% Upside Potential

Broker Ratings
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Prologis, Inc. which can be found using ticker (PLD) now have 21 confirmed analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price High/Low ranges between $193.00 and $128. calculating the average target price we see $144.38. Now with the previous closing price of $123.25 and the analysts are correct then there would likely be a percentage uptick in value of 17.1%. The day 50 moving average is $122.33 and the 200 moving average now moves to $119.48. The market capitalization for the company is $114,120m. Find out more information at: https://www.prologis.com

The potential market cap would be $133,685m 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, 2022, 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 1.2 billion square feet (113 million square meters) in 19 countries. Prologis leases modern logistics facilities to a diverse base of approximately 6,600 customers principally across two major categories: business-to-business and retail/online fulfillment.

The company has a dividend yield of 2.82% with the ex dividend date set at 16-3-2023 (DMY).

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