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Morgan Stanley disclosed American Tower (NYSE:AMT), boosting its price target to $172.00 earlier today

Having a price of $143.67, American Tower (NYSE:AMT) traded -0.12% lower on the day. With the last stock price up 6.11% from the two hundred day average, compared with the Standard & Poor's 500 Index which has increased 0.02% over the same period. AMT has recorded a 50-day average of $139.32 and a two hundred day average of $135.24. Trade Volume was down over the average, with 681,073 shares of AMT changing hands under the typical 1,884,240

Reporting a potential upside of 0.20%, Morgan Stanley upped the price target of American Tower (NYSE:AMT) to $172.00

On Wednesday November 01, 2017, Macquarie Research released a statement about American Tower (NYSE:AMT) upped the target price from $162.00 to $165.00 that suggested an upside of 0.17%.

Recent Performance Chart

American Tower (NYSE:AMT)

American Tower has PE ratio of 57.40 with a one year low of $99.72 and a one year high of $148.71 and has a market capitalization of $0.

A total of 19 brokerages have issued a ratings update on American Tower. Eight brokerages rating the company a strong buy, eleven brokerages rating the company a buy, one brokerage rating the company a hold, zero brokerages rating the company a underperform, and finally zero brokerages rating the company a sell with a 12-month price target of $116.58.

General Company Details For American Tower (NYSE:AMT)

American Tower Corporation (ATC) is a holding company. The Company operates as a real estate investment trust (REIT), which owns, operates and develops multitenant communications real estate. ATC's segments include U.S. property, Asia property, EMEA property, Latin America property, Services and Other. Its primary business is property operations, which include the leasing of space on communications sites to wireless service providers, radio and television broadcast companies, wireless data providers, government agencies and municipalities, and tenants in various other industries. Its U.S. property segment includes operations in the United States. Its Asia property segment includes operations in India. The EMEA property segment includes operations in Germany, Ghana, Nigeria, South Africa and Uganda. The Latin America property segment includes operations in Brazil, Chile, Colombia, Costa Rica, Mexico and Peru. Its services segment offers tower-related services in the United States.

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