Freedom Broker Upgrades Prologis (NYSE:PLD) to “Strong-Buy”

Prologis (NYSE:PLD – Get Free Report) was upgraded by research analysts at Freedom Broker from a “hold” rating to a “strong-buy” rating in a report issued on Monday, Zacks reports.

Several other analysts also recently commented on the stock. Royal Bank Of Canada upgraded shares of Prologis from a “sector perform” rating to an “outperform” rating and raised their target price for the stock from $148.00 to $160.00 in a report on Tuesday, August 4th. Raymond James Financial raised shares of Prologis from a “market perform” rating to an “outperform” rating and set a $163.00 price objective on the stock in a research report on Wednesday. Weiss Ratings lowered shares of Prologis from a “buy (b)” rating to a “buy (b-)” rating in a research note on Wednesday, August 26th. Truist Financial lifted their price target on Prologis from $154.00 to $162.00 and gave the company a “buy” rating in a research note on Tuesday, July 21st. Finally, Robert W. Baird cut their price target on Prologis from $140.00 to $136.00 and set a “neutral” rating on the stock in a report on Tuesday. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat.com, Prologis currently has an average rating of “Moderate Buy” and a consensus price target of $155.64.

Check Out Our Latest Analysis on PLD

Prologis Price Performance

Shares of PLD stock opened at $127.61 on Monday. The company has a quick ratio of 0.70, a current ratio of 0.34 and a debt-to-equity ratio of 0.61. Prologis has a 12-month low of $121.40 and a 12-month high of $153.35. The firm has a fifty day moving average of $134.85 and a 200-day moving average of $139.78. The firm has a market capitalization of $119.07 billion, a price-to-earnings ratio of 28.17, a price-to-earnings-growth ratio of 1.45 and a beta of 1.31.

Prologis (NYSE:PLD – Get Free Report) last issued its quarterly earnings data on Thursday, October 15th. The real estate investment trust reported $1.60 EPS for the quarter, topping the consensus estimate of $0.78 by $0.82. The business had revenue of $2.39 billion for the quarter, compared to the consensus estimate of $2.18 billion. Prologis had a return on equity of 7.28% and a net margin of 45.51%. The firm’s revenue was up 7.8% compared to the same quarter last year. During the same quarter last year, the business posted $1.49 EPS. Prologis has set its FY 2026 guidance at 6.250-6.290 EPS. On average, equities research analysts forecast that Prologis will post 6.28 earnings per share for the current year.

Institutional Investors Weigh In On Prologis

Institutional investors and hedge funds have recently made changes to their positions in the stock. Baird Financial Group Inc. grew its position in shares of Prologis by 20.6% in the 2nd quarter. Baird Financial Group Inc. now owns 122,809 shares of the real estate investment trust’s stock valued at $16,637,000 after acquiring an additional 21,000 shares during the period. Nykredit A S acquired a new stake in Prologis during the second quarter worth approximately $40,490,000. Callan Family Office LLC bought a new position in shares of Prologis during the second quarter worth approximately $3,394,000. BlackRock Inc. acquired a new stake in Prologis during the 2nd quarter worth approximately $14,006,587,000. Finally, AssuredPartners Investment Advisors LLC acquired a new position in shares of Prologis in the second quarter valued at about $3,436,000. Institutional investors own 93.50% of the company’s stock.

Trending Headlines about Prologis

Here are the key news stories impacting Prologis this week:

  • Positive Sentiment: Continued demand for warehouses and data centers is keeping Prologis in focus. The company’s large logistics portfolio could benefit from e-commerce, supply-chain investment and data-center expansion. Can Warehouse and Data-Center Demand Keep Prologis in Focus?
  • Positive Sentiment: Several analysts remain constructive: Scotiabank set a $150 price target, Freedom Broker upgraded Prologis to Buy, and a Seeking Alpha contributor upgraded the stock after viewing its sell-off as a buying opportunity. Scotiabank Price Target Freedom Broker Upgrade Prologis Buying Opportunity Upgrade
  • Neutral Sentiment: SEGRO reported 32% growth in newly contracted headline rent and said Prologis’s takeover is expected to close in the first half of 2027. Strong leasing supports the strategic rationale, while completion timing leaves integration and execution risks. SEGRO Rent Growth and Takeover Update
  • Neutral Sentiment: Robert W. Baird reduced its price target from $140 to $136 while maintaining a Neutral rating. The revised target still implies upside from recent trading levels. Baird Prologis Price Target
  • Negative Sentiment: An analyst fair-value estimate was trimmed as analysts revised growth and cost assumptions, signaling less near-term valuation upside despite the company’s long-term demand prospects. Prologis Fair Value Trim

About Prologis

(Get Free Report)

Prologis, Inc is a global real estate investment trust that owns, develops, acquires and manages logistics properties. Its portfolio primarily includes warehouses, distribution centers and fulfillment facilities used by retailers, manufacturers, transportation companies and other businesses to support supply-chain operations and e-commerce.

The company also provides property management, development and leasing services, along with related supply-chain and customer solutions. Through its Prologis Essentials platform, it offers services and technologies designed to help customers improve warehouse operations, including energy, mobility and operational solutions.

Prologis serves major population centers and trade corridors across North America, Europe, Asia and Latin America.

Further Reading

Analyst Recommendations for Prologis (NYSE:PLD)

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