Prologis Inc (PLD) plunged 0.23% in the latest trading session. During the course of trading, the stock hit a high of 44.1 before panic struck the counter which continued to slide until it closed at 43.71.
Investor-Edge has initiated coverage on the following equities: Prologis Inc. (NYSE: PLD), Starwood Property Trust Inc. (NYSE: STWD), WP GLIMCHER Inc. (NYSE: WPG), DCT Industrial Trust Inc. (NYSE: DCT), and CYS Investments Inc. (NYSE: CYS).
JP Morgan maintains their rating on the shares of Prologis Inc (NYSE:PLD). The current rating of the shares is Overweight. Equity Analysts at the Firm raises the price target to $48 per share from $46 per share.
Prologis Inc (NYSE:PLD) has lost 1.8% during the past week and dropped 5.05% in the last 4 weeks. The shares are however, marginally negative as compared to the S&P 500 for the past week with a loss of 2.42%.
As much as 15 analysts have advised buy on Prologis Inc (NYSE:PLD) with an average broker rating of 1.5. Research Analysts at Zacks has the counter a rating of 3, which implies that the firms recommendation is Neutral on the company.
SAN FRANCISCO, Feb. 5, 2015 /PRNewswire/ -- Prologis, Inc. (NYSE: PLD) ("Prologis"), the global leader in industrial real estate, today announced it has renewed a previously established at-the-market ("ATM") equity offering program.