Prologis (NYSE:PLD) Stock Price Expected to Rise, Scotiabank Analyst Says

Prologis (NYSE:PLD) had its price target upped by equities researchers at Scotiabank from $146.00 to $150.00 in a research note issued to investors on Thursday, MarketBeat reports. The firm currently has a “sector perform” rating on the real estate investment trust’s stock. Scotiabank’s target price suggests a potential upside of 1.74% from the company’s previous close.

PLD has been the subject of a number of other reports. Robert W. Baird raised their target price on Prologis from $133.00 to $136.00 and gave the company a “neutral” rating in a report on Friday, April 17th. Citigroup increased their price target on shares of Prologis from $145.00 to $165.00 and gave the stock a “buy” rating in a research report on Tuesday, April 21st. JPMorgan Chase & Co. raised their price objective on shares of Prologis from $141.00 to $157.00 and gave the company an “overweight” rating in a research note on Tuesday, April 21st. Royal Bank Of Canada lifted their price objective on shares of Prologis from $135.00 to $148.00 and gave the company a “sector perform” rating in a report on Tuesday, April 28th. Finally, Mizuho upped their target price on shares of Prologis from $150.00 to $159.00 and gave the stock an “outperform” rating in a research note on Friday, July 17th. Fifteen analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $153.81.

Prologis Stock Up 1.6%

NYSE:PLD opened at $147.43 on Thursday. The company has a quick ratio of 0.51, a current ratio of 0.27 and a debt-to-equity ratio of 0.63. The stock’s fifty day moving average is $143.56 and its two-hundred day moving average is $138.55. Prologis has a 52 week low of $103.41 and a 52 week high of $153.35. The stock has a market capitalization of $137.45 billion, a price-to-earnings ratio of 32.84 and a beta of 1.32.

Prologis (NYSE:PLD) last released its quarterly earnings results on Thursday, July 16th. The real estate investment trust reported $1.13 EPS for the quarter, topping the consensus estimate of $0.75 by $0.38. The business had revenue of $2.43 billion during the quarter, compared to analyst estimates of $2.16 billion. Prologis had a return on equity of 7.29% and a net margin of 45.79%.The company’s quarterly revenue was up 11.0% on a year-over-year basis. During the same period last year, the business posted $1.46 earnings per share. Prologis has set its FY 2026 guidance at 6.220-6.300 EPS. Research analysts anticipate that Prologis will post 6.28 EPS for the current year.

Insider Activity

In other news, CFO Timothy D. Arndt sold 3,597 shares of the business’s stock in a transaction dated Monday, June 15th. The stock was sold at an average price of $150.00, for a total transaction of $539,550.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 0.52% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Nvwm LLC raised its holdings in Prologis by 6,069.7% during the fourth quarter. Nvwm LLC now owns 15,486 shares of the real estate investment trust’s stock worth $1,977,000 after purchasing an additional 15,235 shares in the last quarter. Schnieders Capital Management LLC. boosted its stake in Prologis by 45.4% in the second quarter. Schnieders Capital Management LLC. now owns 10,728 shares of the real estate investment trust’s stock valued at $1,128,000 after acquiring an additional 3,350 shares in the last quarter. Prime Capital Investment Advisors LLC increased its position in shares of Prologis by 98.8% during the fourth quarter. Prime Capital Investment Advisors LLC now owns 23,837 shares of the real estate investment trust’s stock worth $3,043,000 after purchasing an additional 11,846 shares in the last quarter. Generate Investment Management Ltd increased its position in shares of Prologis by 113.8% during the fourth quarter. Generate Investment Management Ltd now owns 157,480 shares of the real estate investment trust’s stock worth $20,104,000 after purchasing an additional 83,832 shares in the last quarter. Finally, Czech National Bank lifted its holdings in shares of Prologis by 3.9% in the 4th quarter. Czech National Bank now owns 244,928 shares of the real estate investment trust’s stock valued at $31,268,000 after purchasing an additional 9,219 shares during the last quarter. Hedge funds and other institutional investors own 93.50% of the company’s stock.

Key Headlines Impacting Prologis

Here are the key news stories impacting Prologis this week:

• Positive Sentiment: Segro’s board said it would recommend Prologis’s final $18.7 billion takeover bid, a sign the deal is gaining traction and could expand Prologis’s portfolio and long-term growth prospects. Article Title
• Positive Sentiment: Scotiabank raised its price target on Prologis to $150 from $146, while Truist boosted its target to $162, reflecting improved analyst confidence in the stock’s valuation. Article Title
• Positive Sentiment: Recent commentary highlighted Prologis as potentially undervalued after its earnings beat and raised guidance, reinforcing optimism around earnings momentum and fundamentals. Article Title
• Neutral Sentiment: Additional articles noted renewed investor attention on logistics and data-center themes, but these were more thematic than company-specific and did not include new financial results or formal guidance changes. Article Title

Prologis Company Profile

Prologis, Inc is a real estate investment trust (REIT) specializing in logistics and distribution facilities. The company focuses on acquiring, developing, and managing high-quality industrial real estate assets that support supply chain infrastructure for third-party logistics providers, e-commerce businesses, retailers and manufacturers. Its portfolio primarily consists of warehouse and distribution centers designed to optimize goods movement and storage near key transportation hubs.

With a global presence, Prologis serves customers across the Americas, Europe and Asia Pacific.