Analysts Swing to Diverse Views for Prologis, Inc. (PLD), DDR Corp. (DDR)

Shares of Prologis, Inc. (NYSE:PLD) opened at $64.55, and ended -0.17% lower at $64.44. Nearly 2.56 million shares were traded by the close, higher than its average daily volume of 2 million shares.

Prologis, Inc. (PLD) Analyst Opinion

Prologis, Inc. has a consensus outperform rating from 18 Wall Street analysts, and the number of shares currently sold short amount to at least 1.43% of shares outstanding. The stock spiked 0.12% last month and is up 22.07 this year. Wall Street is only getting more bullish on the stock, with 12 of analysts who cover PLD having a buy-equivalent rating. Analysts have placed a $15.46 price target on Prologis, Inc., suggesting a -76.01% decline from recent close. It’s currently trading about -1.81% below its 52-week high.

Prologis, Inc. Earnings Surprise

Prologis, Inc. (PLD) failed to surprise the stock market in its last reported earnings when it earned $0.67 a piece versus the consensus-estimated $0.67. Its revenue totaled $573.68 million down -0.47% from the previous quarter.

Prologis, Inc. (NYSE:PLD) Intraday View

This stock (PLD) is ahead of its 52-week low with 40.3%. Its last month’s stock price volatility remained 1.55% which for the week stands at 1.35%. The share price has moved forward from its 20 days moving average, trading at a distance of 0.28% and stays 1.45% away from its 50 days moving average. Over the last five days, shares have faced -1.18% losses and now is up 13.64% since hitting its 200-day moving average of $59.33. Prologis, Inc. (PLD) has made its way to a 12-month gain of 22.25%.

Turning to DDR Corp. (NYSE:DDR), its shares were trading at $8.51 a retreat of $-0.13, on the trading floor. The stock, after opening at $8.64, touched a high of $8.64 before paring much of its gains. So far, analysts are sticking with their neutral recommendations with the consensus call at 2.8. DDR Corp. has 2 buy ratings, 15 holds and 0 sells even after the stock tumbled -48.27% from its high of $ 16.45 to a $3.11 billion market value through last close.

DDR Corp. (DDR) Consensus Price Target

The company’s consensus rating on Reuter’s scale remained unchanged from 2.71 to 2.71 during a month. Analysts set a 12-month price target of $11.18 a share. The target implies a 31.37% spike from where the shares are currently trading. Also, the current price highlights a discount of 64.51% to analysts’ high consensus price target.

DDR Corp. (NYSE:DDR) Intraday Trading

The counter witnessed a trading volume of 2.46 million shares versus an average volume of 4.2 million shares during last trading session. Its last month’s stock price volatility remained 2.84% which for the week approaches 2.62%. The lowest price the stock reached in the last trading day was $8.45 and compares with the $8.11 52-week low. The stock recovered 4.93% since its low point and has performed -44.27% year-to-date.

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