FIBRA Prologis (OTCMKTS:FBBPF) Shares Gap Up – Time to Buy?

FIBRA Prologis (OTCMKTS:FBBPFGet Free Report)’s share price gapped up prior to trading on Wednesday . The stock had previously closed at $4.3540, but opened at $4.5160. FIBRA Prologis shares last traded at $4.42, with a volume of 9,905 shares traded.

Analysts Set New Price Targets

Separately, Zacks Research raised shares of FIBRA Prologis to a “hold” rating in a research note on Wednesday, May 13th. Two analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy”.

Read Our Latest Report on FBBPF

FIBRA Prologis Stock Performance

The business’s 50 day moving average price is $4.44 and its 200 day moving average price is $4.55.

About FIBRA Prologis

(Get Free Report)

FIBRA Prologis (OTCMKTS: FBBPF) is a Mexican real estate investment trust specializing in the ownership, development and operation of industrial and logistics properties. Established in 2011 as the first Mexican Fibra backed by an international sponsor, the company focuses on acquiring and managing warehouse and distribution centers that serve manufacturing, retail and third-party logistics clients across Mexico’s key industrial corridors.

The trust’s core activities include leasing modern logistics facilities, executing build-to-suit developments and providing property management services tailored to the needs of multinational and domestic occupiers.

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