- Prologis (PLD, Financial) shares face significant pressure following a rare double downgrade by Scotiabank.
- Analyst consensus reveals a positive outlook despite recent price drop, indicating potential upside.
- The stock's GF Value suggests considerable growth potential over the next year.
Prologis (PLD) has recently seen its stock price sink to its lowest point in nearly five years. This downturn was prompted by Scotiabank's rare decision to double downgrade the real estate investment trust, sending ripples of concern through the investor community.
Wall Street Analysts Forecast
Currently, 19 analysts provide a one-year price target for Prologis Inc (PLD, Financial), with an average target price standing at $123.05. This projection falls between a high of $150.00 and a low estimate of $95.00. Given this average target, there is an implied upside of 24.95% from the recent price of $98.48. To delve deeper into these estimates, visit the Prologis Inc (PLD) Forecast page.
Analyzing the consensus recommendation from 24 brokerage firms, Prologis Inc (PLD, Financial) is currently rated as "Outperform" with an average recommendation score of 2.2. The scale ranges from 1, meaning Strong Buy, to 5, indicating Sell.
Looking at GuruFocus' reliable forecasting, the estimated GF Value for Prologis Inc (PLD, Financial) one year from now is $142.66. This suggests a significant upside potential of 44.86% from the current trading price of $98.48. The GF Value represents GuruFocus' calculated fair value, based on historical trading multiples, previous business growth, and anticipated future performance. More insights and detailed data can be accessed on the Prologis Inc (PLD) Summary page.
