Credit Suisse (SIX:CSGN) analyst Credit Suisse maintained a Buy rating on American Tower on Friday, setting a price target of $328, which is approximately 16.32% above the present share price of $281.97.
expects American Tower to post earnings per share (EPS) of $1.66 for the fourth quarter of 2021.
The current consensus among 12 TipRanks analysts is for a Moderate Buy rating of shares in American Tower, with an average price target of $303.2.
The analysts price targets range from a high of $328 to a low of $271.
In its latest earnings report, released on 06/30/2021, the company reported a quarterly revenue of $2.3 billion and a net profit of $849.2 million. The company's market cap is $128.34 billion.
According to TipRanks.com, Credit Suisse analyst Credit Suisse is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 12.3% and a 61.63% success rate.
Founded in 1995, Massachusetts-based American Tower Corp (NYSE:AMT). is one of the largest real estate investment trusts and is a leading independent owner and operator of wireless and broadcast communications infrastructure in several countries worldwide.