A statement released earlier today by Zacks Investment Research about Prologis Inc (NYSE:PLD) bumps the target price to $61.00
- Updated: April 21, 2017
Indicating a possible upside of 0.12%, Zacks Investment Research raised the target price of Prologis Inc (NYSE:PLD) to $61.00
Previously on Thursday April 20, 2017, Evercore ISI reported on Prologis Inc (NYSE:PLD) raised the target price from $58.00 to $59.00. At the time, this indicated a possible upside of 0.09%.
Having a price of $54.46, Prologis Inc (NYSE:PLD) traded -0.06% lower on the day. With the last stock price up 6.55% from the two hundred day average, compared with the Standard & Poor's 500 Index which has increased 0.03% over the same period. PLD has recorded a 50-day average of $51.77 and a two hundred day average of $51.15. Trade Volume was down over the average, with 1,415,272 shares of PLD changing hands under the typical 2,965,110
Recent Performance Chart
Prologis Inc has PE ratio of 24.02 with a one year low of $44.36 and a one year high of $55.93 and has a market capitalization of $0.
A total of 13 brokerages have released a report on Prologis Inc. Four brokerages rating the company a strong buy, ten brokerages rating the company a buy, six brokerages rating the company a hold, one brokerage rating the company a underperform, and finally zero brokerages rating the company a sell with a 12-month price target of $15.46.
General Company Details For Prologis Inc (NYSE:PLD)
Prologis, Inc. is a real estate investment trust (REIT) company. The Company is engaged in logistics real estate business. The Company's segments include Real Estate Operations and Strategic Capital. The Real estate operations segment consists of rental operations and development. The Company's strategic capital segment includes asset management services, as well as services performed for unconsolidated co-investment ventures. Its strategic capital segment gives the Company access to third-party capital, both private and public. As of December 31, 2016, the Company owned or had investments in, on an owned basis or through co-investment ventures, properties and development projects across 676 million square feet (63 million square meters) in 20 countries spanning four continents.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.