Morgan Stanley (NYSE:MS) analyst Ronald Kamdem maintained a Buy rating on Prologis (NYSE:PLD) on Wednesday, setting a price target of $175, which is approximately 10.25% above the present share price of $158.73.
Kamdem expects Prologis to post earnings per share (EPS) of $0.98 for the fourth quarter of 2021.
The current consensus among 12 TipRanks analysts is for a Strong Buy rating of shares in Prologis, with an average price target of $160.58.
The analysts price targets range from a high of $180 to a low of $139.
In its latest earnings report, released on 09/30/2021, the company reported a quarterly revenue of $1.18 billion and a net profit of $411.86 million. The company's market cap is $117.35 billion.
According to TipRanks.com, Morgan Stanley analyst Ronald Kamdem is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -20.8% and a 41.67% success rate.
Prologis, Inc. is a real estate investment trust which is engaged in the logistics real estate business. The company owns, operates and develops industrial real estate, with a focus on the consumption side of the global supply chain.