FIBRA Prologis (OTCMKTS:FBBPF) Rating Lowered to Neutral at JPMorgan Chase & Co.

JPMorgan Chase & Co. lowered shares of FIBRA Prologis (OTCMKTS:FBBPFGet Rating) from an overweight rating to a neutral rating in a research report report published on Wednesday morning, The Fly reports.

Other analysts also recently issued reports about the stock. Scotiabank downgraded shares of FIBRA Prologis from an outperform rating to a sector perform rating in a research report on Tuesday, January 4th. The Goldman Sachs Group began coverage on shares of FIBRA Prologis in a research report on Thursday, April 7th. They issued a buy rating on the stock.

Shares of OTCMKTS FBBPF opened at $2.49 on Wednesday. FIBRA Prologis has a 1 year low of $1.80 and a 1 year high of $3.06. The firm’s 50-day moving average is $2.45 and its 200-day moving average is $2.39.

FIBRA Prologis Company Profile (Get Rating)

FIBRA Prologis is a leading owner and operator of Class-A industrial real estate in Mexico. As of December 31, 2020, FIBRA Prologis was comprised of 205 logistics and manufacturing facilities in six industrial markets in Mexico totaling 40.2 million square feet (3.7 million square meters) of gross leasable area.

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