Prologis (NYSE:PLD) Upgraded at Freedom Broker

Prologis (NYSE:PLD) was upgraded by Freedom Broker from a “hold” rating to a “strong-buy” rating in a research note issued to investors on Monday, Zacks reports.

Other equities research analysts have also issued reports about the company. Scotiabank upgraded Prologis from a “sector perform” rating to a “sector outperform” rating and set a $150.00 target price for the company in a report on Tuesday, October 13th. Wells Fargo & Company decreased their target price on Prologis from $167.00 to $166.00 and set an “overweight” rating for the company in a research report on Tuesday, September 1st. Wall Street Zen upgraded Prologis from a “sell” rating to a “hold” rating in a report on Saturday, July 18th. Robert W. Baird dropped their price target on shares of Prologis from $140.00 to $136.00 and set a “neutral” rating on the stock in a research report on Tuesday. Finally, BMO Capital Markets reissued an “outperform” rating on shares of Prologis in a research report on Friday, October 16th. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat, Prologis has an average rating of “Moderate Buy” and a consensus target price of $155.64.

Prologis Trading Up 0.1%

Prologis stock opened at $127.61 on Monday. Prologis has a one year low of $121.40 and a one year high of $153.35. The company’s fifty day moving average price is $134.85 and its two-hundred day moving average price is $139.78. The company has a debt-to-equity ratio of 0.61, a current ratio of 0.34 and a quick ratio of 0.70. The company has a market capitalization of $119.07 billion, a price-to-earnings ratio of 20.66, a PEG ratio of 1.45 and a beta of 1.31.

Prologis (NYSE:PLD) last released its quarterly earnings results on Thursday, October 15th. The real estate investment trust reported $1.60 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.78 by $0.82. The company had revenue of $2.39 billion during 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% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.49 EPS. Prologis has set its FY 2026 guidance at 6.250-6.290 EPS. On average, analysts forecast that Prologis will post 6.28 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Prologis

Institutional investors have recently made changes to their positions in the business. Sandy Cove Advisors LLC lifted its position in shares of Prologis by 1.9% during the 2nd quarter. Sandy Cove Advisors LLC now owns 3,854 shares of the real estate investment trust’s stock worth $522,000 after purchasing an additional 73 shares during the last quarter. CoreCap Advisors LLC boosted its stake in Prologis by 5.0% during the 2nd quarter. CoreCap Advisors LLC now owns 1,538 shares of the real estate investment trust’s stock valued at $208,000 after purchasing an additional 73 shares during the period. Boltwood Capital Management boosted its stake in Prologis by 1.5% during the 2nd quarter. Boltwood Capital Management now owns 5,170 shares of the real estate investment trust’s stock valued at $700,000 after purchasing an additional 75 shares during the period. Hibernia Wealth Partners LLC grew its holdings in Prologis by 2.5% in the 1st quarter. Hibernia Wealth Partners LLC now owns 3,070 shares of the real estate investment trust’s stock valued at $406,000 after buying an additional 76 shares during the last quarter. Finally, Quadrant Private Wealth Management LLC grew its holdings in Prologis by 4.4% in the 1st quarter. Quadrant Private Wealth Management LLC now owns 1,818 shares of the real estate investment trust’s stock valued at $240,000 after buying an additional 77 shares during the last quarter. 93.50% of the stock is currently owned by institutional investors.

Key Prologis News

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

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.