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Research analysts at Capital One Financial Corp. initiated coverage on shares of Prologis (NYSE:PLD) in a report released on Tuesday. The firm set an “overweight” rating and a $45.00 price target on the stock. Capital One Financial Corp.’s target price would suggest a potential upside of 9.92% from the stock’s previous close.

A number of other firms have also recently commented on PLD. Analysts at SunTrust reiterated a “buy” rating on shares of Prologis in a research note on Thursday, August 28th. They now have a $47.00 price target on the stock, up previously from $46.00. Separately, analysts at Deutsche Bank reiterated a “hold” rating on shares of Prologis in a research note on Thursday, July 24th. They now have a $43.00 price target on the stock, up previously from $42.00. Finally, analysts at MLV & Co
reiterated a “hold” rating on shares of Prologis in a research note on Wednesday, July 23rd. They now have a $43.00 price target on the stock, down previously from $44.00. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and seven have assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average target price of $42.14.

Prologis (NYSE:PLD) opened at 40.94 on Tuesday. Prologis has a 1-year low of $34.81 and a 1-year high of $42.66. The stock’s 50-day moving average is $41.08 and its 200-day moving average is $40.99. The company has a market cap of $20.470 billion and a P/E ratio of 161.82.

Prologis (NYSE:PLD) last posted its quarterly earnings results on Tuesday, July 22nd. The company reported $0.48 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.46 by $0.02. The company had revenue of $381.27 million for the quarter, compared to the consensus estimate of $390.31 million. During the same quarter in the previous year, the company posted $0.41 earnings per share. The company’s revenue for the quarter was up 4.9% on a year-over-year basis. Analysts expect that Prologis will post $1.83 EPS for the current fiscal year.

Prologis, Inc (NYSE:PLD) is a real estate investment trust (REIT) and the general partner of the Prologis, L.

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