Analysts Are Bullish on Top Real Estate Stocks: Prologis (PLD), American Tower (AMT)
There’s a lot to be optimistic about in the Real Estate sector as 2 analysts just weighed in on Prologis (PLD – Research Report) and American Tower (AMT – Research Report) with bullish sentiments.
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Prologis (PLD)
The company’s shares closed last Thursday at $129.95, close to its 52-week high of $132.57.
According to TipRanks.com, Ferguson is a 3-star analyst with an average return of
Currently, the analyst consensus on Prologis is a Moderate Buy with an average price target of $138.36, representing a 5.5% upside. In a report issued on January 14, Scotiabank also upgraded the stock to Buy with a $146.00 price target.
See the top stocks recommended by analysts >>
American Tower (AMT)
In a report released today, Benjamin Swinburne from Morgan Stanley maintained a Buy rating on American Tower, with a price target of $225.00. The company’s shares closed last Thursday at $177.52, close to its 52-week low of $170.46.
According to TipRanks.com, Swinburne is a 5-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for American Tower with a $213.15 average price target, a 19.6% upside from current levels. In a report issued on January 8, Bank of America Securities also maintained a Buy rating on the stock with a $210.00 price target.
