|Bid||103.06 x 200|
|Ask||103.09 x 900|
|Day's Range||102.85 - 103.67|
|52 Week Range||93.02 - 112.45|
|PE Ratio (TTM)||13.18|
|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.