BMO Capital analyst John Kim maintained a Buy rating on Prologis (NYSE:PLD) Inc on Tuesday, setting a price target of $96, which is approximately 1.34% above the present share price of $94.73.
Kim expects Prologis Inc to post earnings per share (EPS) of $0.70 for the third quarter of 2020.
The current consensus among 5 TipRanks analysts is for a Strong Buy rating of shares in Prologis, with an average price target of $96.6.
The analysts price targets range from a high of $102 to a low of $90.
In its latest earnings report, released on 03/31/2020, the company reported a quarterly revenue of $978.24 million and a net profit of $273.82 million. The company's market cap is $69.97 billion.
According to TipRanks.com, BMO Capital analyst John Kim is currently ranked with 3 stars on a 0-5 stars ranking scale, with an average return of 1.7% and a 50.42% success rate.
Prologis, Inc. engages in the provision of real estate investment trust services. It operates through Real Estate Operations and Strategic Capital segments. The Real Estate Operations segment represents the ownership and development of logistics properties and also includes rental revenues, recoveries and expenses recognized from its consolidated properties. The Strategic Capital segment represents the management of co-investment ventures and other unconsolidated entities. The company was founded in 1991 and is headquartered in San Francisco, CA.