Shares of FIBRA Prologis (OTCMKTS:FBBPF – Get Free Report) traded up 7.9% on Wednesday . The company traded as high as $4.5540 and last traded at $4.5540. 837 shares changed hands during mid-day trading, a decline of 87% from the average session volume of 6,594 shares. The stock had previously closed at $4.22.
Wall Street Analysts Forecast Growth
Separately, Zacks Research raised FIBRA Prologis to a “hold” rating in a research report on Wednesday, May 13th. Two equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy”.
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FIBRA Prologis Stock Performance
About FIBRA Prologis
FIBRA Prologis (OTCMKTS: FBBPF) is a Mexican real estate investment trust specializing in the ownership, development and operation of industrial and logistics properties. Established in 2011 as the first Mexican Fibra backed by an international sponsor, the company focuses on acquiring and managing warehouse and distribution centers that serve manufacturing, retail and third-party logistics clients across Mexico’s key industrial corridors.
The trust’s core activities include leasing modern logistics facilities, executing build-to-suit developments and providing property management services tailored to the needs of multinational and domestic occupiers.
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