Prologis (NYSE:PLD – Get Free Report) had its price objective hoisted by Mizuho from $143.00 to $150.00 in a note issued to investors on Wednesday,MarketScreener reports. The firm presently has an “outperform” rating on the real estate investment trust’s stock. Mizuho’s price target suggests a potential upside of 5.51% from the company’s current price.
PLD has been the topic of a number of other research reports. Scotiabank reiterated an “outperform” rating on shares of Prologis in a research report on Tuesday. UBS Group boosted their target price on shares of Prologis from $148.00 to $161.00 and gave the company a “buy” rating in a research report on Friday, April 17th. Truist Financial dropped their target price on shares of Prologis from $142.00 to $139.00 and set a “buy” rating on the stock in a research report on Monday, January 26th. Jefferies Financial Group dropped their target price on shares of Prologis from $157.00 to $155.00 and set a “buy” rating on the stock in a research report on Tuesday, April 14th. Finally, JPMorgan Chase & Co. boosted their target price on shares of Prologis from $141.00 to $157.00 and gave the company an “overweight” rating in a research report on Tuesday. Fourteen analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Prologis has an average rating of “Moderate Buy” and an average price target of $146.57.
Read Our Latest Stock Report on PLD
Prologis Trading Up 0.2%
Prologis (NYSE:PLD – Get Free Report) last posted its quarterly earnings data on Thursday, April 16th. The real estate investment trust reported $1.05 EPS for the quarter, beating analysts’ consensus estimates of $0.81 by $0.24. Prologis had a net margin of 41.54% and a return on equity of 6.46%. The company had revenue of $2.30 billion for the quarter, compared to analyst estimates of $2.12 billion. During the same period in the prior year, the firm posted $1.43 EPS. The company’s quarterly revenue was up 6.9% on a year-over-year basis. Prologis has set its FY 2026 guidance at 6.070-6.230 EPS. Equities analysts expect that Prologis will post 6.14 earnings per share for the current year.
Institutional Trading of Prologis
Institutional investors have recently made changes to their positions in the company. Norges Bank bought a new position in Prologis during the fourth quarter worth about $1,589,125,000. Cardano Risk Management B.V. boosted its position in Prologis by 999.3% during the fourth quarter. Cardano Risk Management B.V. now owns 11,228,730 shares of the real estate investment trust’s stock worth $1,433,460,000 after purchasing an additional 10,207,267 shares during the period. Swedbank AB boosted its position in Prologis by 36.2% during the fourth quarter. Swedbank AB now owns 7,664,583 shares of the real estate investment trust’s stock worth $978,461,000 after purchasing an additional 2,038,329 shares during the period. Bessemer Group Inc. boosted its position in Prologis by 8,000.9% during the fourth quarter. Bessemer Group Inc. now owns 1,595,963 shares of the real estate investment trust’s stock worth $203,741,000 after purchasing an additional 1,576,262 shares during the period. Finally, Vanguard Group Inc. boosted its position in Prologis by 1.0% during the fourth quarter. Vanguard Group Inc. now owns 123,323,290 shares of the real estate investment trust’s stock worth $15,743,451,000 after purchasing an additional 1,258,407 shares during the period. Institutional investors own 93.50% of the company’s stock.
More Prologis News
Here are the key news stories impacting Prologis this week:
- Positive Sentiment: Several large brokers lifted price targets and maintained/upped ratings, signaling stronger sell‑side expectations (Citigroup to $165; JPMorgan to $157; Bank of America to $162; Scotiabank to $154). These moves imply mid-to-high‑teens upside from recent levels and are likely the primary catalyst for buying interest. JPMorgan Adjusts Price Target Citigroup Adjusts Price Target Bank of America Raises Target (coverage) Scotiabank Raises Target
- Positive Sentiment: Bank of America specifically raised its PT to $162 and kept a Buy rating, reinforcing the bullish analyst tone and supporting higher near‑term valuation expectations. Bank of America Increases Price Target
- Positive Sentiment: Consensus analyst sentiment across outlets is clustered around a “Moderate Buy,” adding to the narrative that Wall Street expects continued earnings growth and distribution stability for the REIT. Consensus Rating Report
- Positive Sentiment: Prologis launched a multibillion‑dollar pan‑European logistics joint venture with La Caisse and other global partners (including partnerships with GIC), expanding its strategic capital platform and European footprint—a direct growth catalyst for its logistics real‑estate business. Prologis Expands European Logistics Platform
- Neutral Sentiment: Multiple media/analysis pieces highlight PLD as a momentum or favored pick based on recent earnings, guidance and analyst coverage — useful context for momentum investors but largely reiterative of the analyst-driven upside case. Momentum Stock Article (Yahoo) Momentum Stock Article (Zacks)
- Neutral Sentiment: Analytical articles revisit whether Wall Street bullishness and the Average Brokerage Recommendation justify buying PLD; they synthesize ratings and are informative but not new catalysts. Should You Invest Based on Bullish Wall Street Views? Zacks Coverage
- Neutral Sentiment: Comparative pieces look at PLD versus peers in the finance/real‑estate sector this year; they provide performance context but are not standalone catalysts. Performance Comparison (Yahoo) Performance Comparison (Zacks)
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.
Further Reading
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