Prologis (PLD) Stock Forecast & Price Target

$127.23

-0.18 (-0.14%)

(As of 09/6/2024 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

Moderate Buy
Based on 17 Analyst Ratings

Based on 17 Wall Street analysts who have issued ratings for Prologis in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 17 analysts, 6 have given a hold rating, 10 have given a buy rating, and 1 has given a strong buy rating for PLD.

Consensus Price Target

$133.12
4.63% Upside

High Forecast	$156.00
Average Forecast	$133.12
Low Forecast	$115.00

According to the 17 analysts' twelve-month price targets for Prologis, the average price target is $133.12. The highest price target for PLD is $156.00, while the lowest price target for PLD is $115.00. The average price target represents a forecasted upside of 4.63% from the current price of $127.23.

Type	Current Forecast 9/8/23 to 9/7/24	1 Month Ago 8/9/23 to 8/8/24	3 Months Ago 6/10/23 to 6/9/24	1 Year Ago 9/8/22 to 9/8/23
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	10 Buy rating(s)	9 Buy rating(s)	11 Buy rating(s)	16 Buy rating(s)
Hold	6 Hold rating(s)	5 Hold rating(s)	4 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	$133.12	$132.60	$129.76	$140.65
Forecasted Upside	4.63% Upside	12.60% Upside	18.05% Upside	20.49% 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.

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.

Prologis Stock vs. The Competition

Type	Prologis	Finance Companies	S&P 500
Consensus Rating Score	2.71	2.46	2.51
Consensus Rating	Moderate Buy	Hold	Moderate Buy
Predicted Upside	4.63% Upside	35.39% Upside	11.36% Upside
News Sentiment Rating	Positive News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
8/28/2024	Evercore ISI 2 of 5 stars		Boost Target	In-Line ➝ In-Line	$122.00 ➝ $124.00	-2.35%
8/28/2024	Wells Fargo & Company 3 of 5 stars		Boost Target	Overweight ➝ Overweight	$142.00 ➝ $146.00	+13.26%
8/26/2024	Scotiabank 5 of 5 stars		Boost Target	Sector Outperform ➝ Sector Outperform	$135.00 ➝ $142.00	+10.07%
8/14/2024	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Overweight ➝ Overweight	$132.00 ➝ $133.00	+8.02%
8/12/2024	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Buy ➝ Neutral	$128.00	+5.00%
8/5/2024	Truist Financial Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$125.00 ➝ $137.00	+13.31%
Get the Latest News and Ratings for PLD and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for Prologis and its competitors with MarketBeat's FREE daily newsletter.
8/5/2024	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating	M. Carroll Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Outperform ➝ Sector Perform	$124.00 ➝ $127.00	+2.44%
7/30/2024	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Overweight ➝ Overweight	$123.00 ➝ $142.00	+14.56%
7/25/2024	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$140.00 ➝ $156.00	+26.40%
7/23/2024	Argus Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$120.00 ➝ $135.00	+7.48%
7/15/2024	BMO Capital Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Market Perform ➝ Market Perform	$115.00 ➝ $115.00	-4.86%
5/31/2024	Mizuho Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Neutral ➝ Neutral	$130.00 ➝ $120.00	+11.56%
5/1/2024	Robert W. Baird Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Neutral ➝ Neutral	$137.00 ➝ $117.00	+14.65%
4/25/2024	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Overweight ➝ Overweight	$143.00 ➝ $128.00	+23.30%
4/18/2024	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$151.00 ➝ $138.00	+32.90%
1/24/2024	Raymond James Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Strong-Buy ➝ Strong-Buy	$130.00 ➝ $145.00	+13.30%
11/21/2023	Stifel Nicolaus Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Buy ➝ Buy	$130.00	+17.49%
7/20/2023	BNP Paribas Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Neutral ➝ Outperform	$141.00	+14.77%
7/19/2023	BTIG Research Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		$152.00 ➝ $154.00	+24.28%
6/28/2023	888 Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Maintains
12/14/2022	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		$140.00	+15.58%
11/2/2022	Deutsche Bank Aktiengesellschaft Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		$156.00 ➝ $149.00	+37.26%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 08:12 PM ET.

PLD Forecast - Frequently Asked Questions

What is Prologis' forecast for 2024?: According to the research reports of 17 Wall Street equities research analysts, the average twelve-month stock price forecast for Prologis is $133.12, with a high forecast of $156.00 and a low forecast of $115.00.
Should I buy or sell Prologis stock right now?: 17 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Prologis in the last year. There are currently 6 hold ratings, 10 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 11.78% 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?: Prologis has been rated by research analysts at Argus, Bank of America, Barclays, BMO Capital Markets, Evercore ISI, Morgan Stanley, Royal Bank of Canada, Scotiabank, The Goldman Sachs Group, Truist Financial, and Wells Fargo & Company in the past 90 days.
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.