Zacks Rating on ProLogis (PLD)

ProLogis (PLD) has an average broker rating of 2.3, which is interpreted as a Buy, as rated by 15 equity analysts. Nonetheless, 5 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. 2 other analysts advise a Buy. Nevertheless, the majority of 7 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold. 1 brokerage firm advices Strong Sell on the share due to lack of confidence about the future of the company.

ProLogis (PLD) : 14 Wall Street analysts covering ProLogis (PLD) believe that the average level the stock could reach for the short term is $52.86. The maximum price target given is $59 and the minimum target for short term is around $48, hence the standard deviation is calculated at $3.28.


Prologis, Inc. has dropped 0.11% in the last five trading days, however, the shares have posted positive gains of 1.57% in the last 4 weeks. Prologis, Inc. is up 14.86% in the last 3-month period. Year-to-Date the stock performance stands at 27.74%. ProLogis (NYSE:PLD): stock turned positive on Tuesday. Though the stock opened at $53.85, the bulls momentum made the stock top out at $54.21 level for the day. The stock recorded a low of $53.78 and closed the trading day at $53.82, in the green by 0.41%. The total traded volume for the day was 1,179,934. The stock had closed at $53.6 in the previous days trading.

Prologis, Inc. is engaged in industrial logistics real estate, focused on markets across the Americas, Europe and Asia. The Company leases modern distribution facilities to more than 4,700 customers, including third-party logistics providers, transportation companies, retailers and manufacturers. The Companys business consists of two operating segments: Real Estate Operations and Strategic Capital. The Companys customer base represents a spectrum of international, national, regional and local distribution users. As of December 31, 2014, 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 590 million square feet (55 million square meters) in 21 countries.

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