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Analysts Have Conflicting Sentiments on These Real Estate Companies: Apple Hospitality REIT (APLE) and Prologis (PLD)

Analysts have been eager to weigh in on the Real Estate sector with new ratings on Apple Hospitality REIT (APLEResearch Report) and Prologis (PLDResearch Report).

Apple Hospitality REIT (APLE)

Bank of America Securities analyst Dany Asad maintained a Hold rating on Apple Hospitality REIT today. The company’s shares closed last Monday at $15.19.

Asad has an average return of 52.3% when recommending Apple Hospitality REIT.

According to TipRanks.com, Asad is ranked #4886 out of 8786 analysts.

Apple Hospitality REIT has an analyst consensus of Moderate Buy, with a price target consensus of $18.00.

See today’s best-performing stocks on TipRanks >>

Prologis (PLD)

Bank of America Securities analyst Camille Bonnel maintained a Buy rating on Prologis today. The company’s shares closed last Monday at $103.30, close to its 52-week low of $96.64.

According to TipRanks.com, Bonnel is a 1-star analyst with an average return of -3.0% and a 48.4% success rate. Bonnel covers the NA sector, focusing on stocks such as Rexford Industrial Realty, Hudson Pacific Properties, and SL Green Realty.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Prologis with a $140.25 average price target, a 35.1% upside from current levels. In a report issued on April 16, Wells Fargo also maintained a Buy rating on the stock with a $142.00 price target.

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