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Prologis (NYSE:PLD) has received an average recommendation of “Hold” from the fifteen analysts that are currently covering the company, American Banking & Market News reports. One analyst has rated the stock with a sell recommendation, seven have assigned a hold recommendation and seven have assigned a buy recommendation to the company. The average twelve-month price target among brokerages that have issued ratings on the stock in the last year is $42.14.

Prologis (NYSE:PLD) traded down 0.32% during mid-day trading on Thursday, hitting $40.59. The stock had a trading volume of 125,696 shares. Prologis has a 1-year low of $35.48 and a 1-year high of $42.66. The stock has a 50-day moving average of $41.03 and a 200-day moving average of $41.0. The company has a market cap of $20.295 billion and a P/E ratio of 160.95.

Prologis (NYSE:PLD) last announced its 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. On average, analysts predict that Prologis will post $1.83 earnings per share for the current fiscal year.

PLD has been the subject of a number of recent research reports. Analysts at Capital One Financial Corp. initiated coverage on shares of Prologis in a research note on Tuesday. They set an “overweight” rating and a $45.00 price target on the stock. Separately, 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. Finally, 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.

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

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