|Bid||N/A x N/A|
|Ask||N/A x N/A|
|Day's Range||N/A - N/A|
|52 Week Range||undefined - undefined|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.35%|
Macroeconomic factors such as high rent and demographic changes have resulted in high demand for self-storage facilities.
Rent growth has moderated, but it remains at record highs. In such a scenario, consumers prefer apartments whose rents are affordable. This is where self-storage REITs come in.
The analysts covering Prologis have assigned the stock a mean price target of $57.8, which is the same as its current price level.