Prologis Inc. (NYSE:PLD) traded at a new 12-month high today of $149.92. This new high was reached on below average trading volume as 166,000 shares traded hands, while the average 30-day volume is approximately 2.1 million shares.
Prologis Inc. was formed by the June 2011 merger of AMB Property and ProLogis Trust. The company develops, acquires, and operates over 900 million square feet of high-quality industrial and logistics facilities across the globe. The company is organized into four global divisions (Americas, Europe, Asia, and other Americas) and operates as a real estate investment trust.
Prologis Inc. is currently priced 23.2% above its average consensus analyst price target of $113.52.
In the past 12 months, Prologis Inc. share prices are bracketed by a low of $93.08 and a high of $149.92 and are now at $147.83, 59% above that low price.
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