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Prologis (PLD) Stock Forecast & Price Target

$120.15
-0.26 (-0.22%)
(As of 07/12/2024 ET)

Prologis - 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

Consensus Price Target

$129.76
8.00% Upside
High Forecast$154.00
Average Forecast$129.76
Low Forecast$112.00
TypeCurrent Forecast
7/14/23 to 7/13/24
1 Month Ago
6/14/23 to 6/13/24
3 Months Ago
4/15/23 to 4/14/24
1 Year Ago
7/14/22 to 7/14/23
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Moderate Buy
Strong Buy
1 Strong Buy rating(s)
1 Strong Buy rating(s)
1 Strong Buy rating(s)
1 Strong Buy rating(s)
Buy
11 Buy rating(s)
11 Buy rating(s)
10 Buy rating(s)
16 Buy rating(s)
Hold
4 Hold rating(s)
4 Hold rating(s)
3 Hold rating(s)
2 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$129.76$129.76$141.67$143.50
Forecasted Upside8.00% Upside18.05% Upside12.61% Upside23.15% Upside
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PLD 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.
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PLD 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.
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Prologis Stock vs. The Competition

TypePrologisFinance CompaniesS&P 500
Consensus Rating Score
2.81
2.44
2.50
Consensus RatingModerate BuyHoldModerate Buy
Predicted Upside8.00% Upside55.28% Upside9.17% Upside
News Sentiment RatingPositive News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
5/31/2024Mizuho
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 Lower TargetNeutral ➝ Neutral$130.00 ➝ $120.00+11.56%
5/16/2024Scotiabank
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 Lower TargetSector Outperform ➝ Sector Outperform$149.00 ➝ $130.00+16.94%
5/6/2024Royal Bank of Canada
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 Lower TargetOutperform ➝ Outperform$145.00 ➝ $124.00+18.76%
5/1/2024Robert W. Baird
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 Lower TargetNeutral ➝ Neutral$137.00 ➝ $117.00+14.65%
4/29/2024Barclays
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 Lower TargetOverweight ➝ Overweight$135.00 ➝ $123.00+17.08%
4/25/2024JPMorgan Chase & Co.
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 Lower TargetOverweight ➝ Overweight$143.00 ➝ $128.00+23.30%
4/22/2024Argus
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 Lower TargetBuy ➝ Buy$139.00 ➝ $120.00+16.47%
4/22/2024The Goldman Sachs Group
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 Lower TargetBuy ➝ Buy$163.00 ➝ $140.00+35.25%
4/22/2024BMO Capital Markets
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 DowngradeOutperform ➝ Market Perform$145.00 ➝ $112.00+8.22%
4/18/2024UBS Group
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 Lower TargetBuy ➝ Buy$151.00 ➝ $138.00+32.90%
4/18/2024Evercore ISI
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 Lower TargetIn-Line ➝ In-Line$136.00 ➝ $123.00+17.32%
1/24/2024Morgan Stanley
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 Boost TargetOverweight ➝ Overweight$128.00 ➝ $141.00+12.45%
1/24/2024Raymond James
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 Boost TargetStrong-Buy ➝ Strong-Buy$130.00 ➝ $145.00+13.30%
11/27/2023Truist Financial
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 Reiterated RatingBuy ➝ Buy$120.00+7.00%
11/21/2023Stifel Nicolaus
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 Reiterated RatingBuy ➝ Buy$130.00+17.49%
7/20/2023BNP Paribas
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 UpgradeNeutral ➝ Outperform$141.00+14.77%
7/19/2023BTIG Research
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 Boost Target$152.00 ➝ $154.00+24.28%
6/28/2023888
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 Reiterated RatingMaintains
12/14/2022Wells Fargo & Company
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 Boost Target$141.00+16.40%
12/14/2022Citigroup
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 Boost Target$140.00+15.58%
11/2/2022Deutsche Bank Aktiengesellschaft
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 Lower Target$156.00 ➝ $149.00+37.26%
10/24/2022Bank of America
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 Initiated CoverageBuy$140.00+37.09%
8/24/2022Wolfe Research
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 UpgradePeer Perform ➝ Outperform$200.00+55.69%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 06:22 PM ET.

PLD Forecast - Frequently Asked Questions

What is Prologis' forecast for 2024?

According to the research reports of 16 Wall Street equities research analysts, the average twelve-month stock price forecast for Prologis is $129.76, with a high forecast of $154.00 and a low forecast of $112.00.

Should I buy or sell Prologis stock right now?

16 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Prologis in the last year. There are currently 4 hold ratings, 11 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" PLD shares.

Does Prologis's stock price have much upside?

According to analysts, Prologis's stock has a predicted upside of 18.05% based on their 12-month stock forecasts.

Has Prologis been downgraded by Wall Street analysts recently?

Over the previous 90 days, Prologis's stock had 1 downgrade by analysts.

What analysts cover Prologis?
Do Wall Street analysts like Prologis more than its competitors?

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


This page (NYSE:PLD) was last updated on 7/13/2024 by MarketBeat.com Staff

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