RBC Capital analyst Michael Carroll maintained a Buy rating on Prologis (NYSE:PLD) Inc on Friday, setting a price target of $130, which is approximately 10.32% above the present share price of $117.84.
Carroll expects Prologis Inc to post earnings per share (EPS) of $0.00 for the second quarter of 2021.
The current consensus among 8 TipRanks analysts is for a Strong Buy rating of shares in Prologis, with an average price target of $127.57.
The analysts price targets range from a high of $142 to a low of $120.
In its latest earnings report, released on 03/31/2021, the company reported a quarterly revenue of $1.15 billion and a net profit of $341.93 million. The company's market cap is $87.17 billion.
According to TipRanks.com, RBC Capital analyst Michael Carroll is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 10.8% and a 74.61% 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.