Free Trial

American Tower (AMT) Stock Forecast & Price Target

$210.14
-0.51 (-0.24%)
(As of 07/19/2024 ET)

American Tower - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Based on 12 Wall Street analysts who have issued ratings for American Tower in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 12 analysts, 2 have given a hold rating, 9 have given a buy rating, and 1 has given a strong buy rating for AMT.

Consensus Price Target

$222.92
6.08% Upside
High Forecast$248.00
Average Forecast$222.92
Low Forecast$196.00

According to the 12 analysts' twelve-month price targets for American Tower, the average price target is $222.92. The highest price target for AMT is $248.00, while the lowest price target for AMT is $196.00. The average price target represents a forecasted upside of 6.08% from the current price of $210.14.

TypeCurrent Forecast
7/22/23 to 7/21/24
1 Month Ago
6/22/23 to 6/21/24
3 Months Ago
4/23/23 to 4/22/24
1 Year Ago
7/22/22 to 7/22/23
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Moderate Buy
Strong Buy
1 Strong Buy rating(s)
1 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
9 Buy rating(s)
8 Buy rating(s)
9 Buy rating(s)
11 Buy rating(s)
Hold
2 Hold rating(s)
2 Hold rating(s)
2 Hold rating(s)
1 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$222.92$220.91$217.36$243.43
Forecasted Upside6.08% Upside21.15% Upside17.89% Upside18.24% Upside
Get American Tower Upgrade and Downgrade Alerts

Sign-up to receive the latest news and ratings for AMT and its competitors with MarketBeat's FREE daily newsletter.

AMT Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
Skip Chart & View Analyst Rating History

AMT Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
Skip Chart and View Analyst Price Target HistorySkip Chart & View Price History Table

American Tower Stock vs. The Competition

TypeAmerican TowerFinance CompaniesS&P 500
Consensus Rating Score
2.92
2.45
2.51
Consensus RatingModerate BuyHoldModerate Buy
Predicted Upside6.08% Upside37.80% Upside10.04% Upside
News Sentiment RatingPositive News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
7/15/2024Wells Fargo & Company
3 of 5 stars
 Boost TargetOverweight ➝ Overweight$200.00 ➝ $225.00+7.81%
7/1/2024The Goldman Sachs Group
2 of 5 stars
J. Schneider
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Initiated CoverageBuy$230.00+18.32%
5/30/2024Barclays
2 of 5 stars
 Lower TargetOverweight ➝ Overweight$234.00 ➝ $223.00+17.49%
5/1/2024Scotiabank
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower TargetSector Outperform ➝ Sector Outperform$243.00 ➝ $223.00+26.10%
5/1/2024BMO Capital Markets
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower TargetOutperform ➝ Outperform$228.00 ➝ $220.00+26.56%
5/1/2024Raymond James
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 UpgradeOutperform ➝ Strong-Buy$226.00 ➝ $248.00+44.56%
4/15/2024Morgan Stanley
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetEqual Weight ➝ Equal Weight$183.00 ➝ $196.00+10.55%
4/8/2024Mizuho
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Initiated CoverageNeutral$205.00+7.80%
2/28/2024JPMorgan Chase & Co.
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower TargetOverweight ➝ Overweight$236.00 ➝ $230.00+21.85%
12/14/2023HSBC
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Initiated CoverageBuy$245.00+16.08%
10/17/2023Citigroup
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower TargetBuy ➝ Buy$230.00 ➝ $200.00+19.05%
8/1/2023Royal Bank of Canada
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower TargetOutperform ➝ Outperform$233.00 ➝ $230.00+20.67%
3/30/2023Moffett Nathanson
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 UpgradeMarket Perform ➝ Outperform$244.00 ➝ $234.00+17.89%
3/7/2023Deutsche Bank Aktiengesellschaft
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Matthew Niknam
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Lower Target$254.00 ➝ $245.00+23.38%
2/24/2023Credit Suisse Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower TargetOutperform$251.00 ➝ $244.00+23.61%
1/13/2023Truist Financial
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower TargetBuy$325.00 ➝ $275.00+18.43%
12/13/2022UBS Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower Target$278.00 ➝ $270.00+25.08%
11/1/2022Cowen
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower Target$279.00+34.21%
10/28/2022KeyCorp
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower TargetOverweight$264.00 ➝ $252.00+26.84%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Sunday at 03:21 AM ET.

AMT Forecast - Frequently Asked Questions

What is American Tower's forecast for 2024?

According to the research reports of 12 Wall Street equities research analysts, the average twelve-month stock price forecast for American Tower is $222.92, with a high forecast of $248.00 and a low forecast of $196.00.

Should I buy or sell American Tower stock right now?

12 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for American Tower in the last year. There are currently 2 hold ratings, 9 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" AMT shares.

Does American Tower's stock price have much upside?

According to analysts, American Tower's stock has a predicted upside of 19.37% based on their 12-month stock forecasts.

Has American Tower been upgraded by Wall Street analysts recently?

Over the previous 90 days, American Tower's stock had 1 upgrade by analysts.

What analysts cover American Tower?

American Tower has been rated by research analysts at Barclays, BMO Capital Markets, Raymond James, Scotiabank, The Goldman Sachs Group, and Wells Fargo & Company in the past 90 days.

Do Wall Street analysts like American Tower more than its competitors?

Analysts like American Tower more than other "finance" companies. The consensus rating for American Tower is Moderate Buy while the average consensus rating for "finance" companies is Hold. Learn more on how AMT compares to other companies.


This page (NYSE:AMT) was last updated on 7/21/2024 by MarketBeat.com Staff

From Our Partners