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

Prologis (NYSE:PLD) 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.

PLD has been the topic of a number of other research reports. Barclays increased their price objective on shares of Prologis from $139.00 to $156.00 and gave the stock an “overweight” rating in a report on Thursday, July 16th. Weiss Ratings lowered shares of Prologis from a “buy (b)” rating to a “buy (b-)” rating in a research note on Wednesday, August 26th. Raymond James Financial raised shares of Prologis from a “market perform” rating to an “outperform” rating and set a $163.00 target price for the company in a research note on Wednesday. Robert W. Baird decreased their target price on shares of Prologis from $140.00 to $136.00 and set a “neutral” rating for the company in a research report on Tuesday. Finally, Wells Fargo & Company dropped their price target on shares of Prologis from $167.00 to $166.00 and set an “overweight” rating on the stock in a research note on Tuesday, September 1st. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $155.64.

Prologis Trading Up 0.1%

NYSE:PLD opened at $127.61 on Monday. Prologis has a 12-month low of $121.40 and a 12-month high of $153.35. The firm has a market capitalization of $119.07 billion, a P/E ratio of 20.66, a P/E/G ratio of 1.45 and a beta of 1.31. 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 business has a 50 day simple moving average of $134.85 and a 200 day simple moving average of $139.78.

Prologis (NYSE:PLD) last issued its quarterly earnings data on Thursday, October 15th. The real estate investment trust reported $1.60 EPS for the quarter, topping analysts’ consensus estimates of $0.78 by $0.82. Prologis had a return on equity of 7.28% and a net margin of 45.51%. The firm had revenue of $2.39 billion during the quarter, compared to the consensus estimate of $2.18 billion. During the same period in the prior year, the business earned $1.49 EPS. The firm’s revenue was up 7.8% on a year-over-year basis. Prologis has set its FY 2026 guidance at 6.250-6.290 EPS. Equities research analysts predict that Prologis will post 6.28 EPS for the current year.

Institutional Investors Weigh In On Prologis

A number of hedge funds and other institutional investors have recently modified their holdings of PLD. Family Wealth Partners LLC increased its holdings in Prologis by 11.8% in the third quarter. Family Wealth Partners LLC now owns 5,054 shares of the real estate investment trust’s stock worth $656,000 after buying an additional 534 shares during the last quarter. James Hambro & Partners LLP raised its position in Prologis by 19.4% during the third quarter. James Hambro & Partners LLP now owns 22,697 shares of the real estate investment trust’s stock valued at $2,948,000 after acquiring an additional 3,694 shares in the last quarter. Banque Pictet & Cie SA lifted its stake in Prologis by 1,132.3% in the third quarter. Banque Pictet & Cie SA now owns 29,699 shares of the real estate investment trust’s stock valued at $3,856,000 after acquiring an additional 27,289 shares during the last quarter. James T. Borello RIA acquired a new stake in Prologis in the third quarter valued at approximately $40,000. Finally, V Square Quantitative Management LLC lifted its stake in Prologis by 7.8% in the third quarter. V Square Quantitative Management LLC now owns 23,009 shares of the real estate investment trust’s stock valued at $2,987,000 after acquiring an additional 1,661 shares during the last quarter. 93.50% of the stock is currently owned by institutional investors.

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

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.