What 7 Analyst Ratings Have To Say About Prologis
Portfolio Pulse from Benzinga Insights
Prologis (NYSE:PLD) has received 7 analyst ratings in the last quarter, with 6 being bullish and 1 somewhat bullish. The average price target is $132.57, representing an upside from the current price of $112.37. This average price target is a 9.4% decrease from the previous average of $146.33. Analyst ratings are derived from various sources and are used to provide guidance on stocks.
November 27, 2023 | 6:00 pm
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Prologis has received predominantly bullish ratings from analysts, with a current average price target of $132.57, indicating potential upside from its current price.
The positive analyst ratings and the higher price target compared to the current stock price suggest that analysts expect Prologis's stock price to rise in the short term. The unanimous bullish sentiment reinforces this expectation, although it's important to note that analyst ratings are not guarantees and can be subject to error.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100