Risk factor
Negligible price volatility
Profitability factor
Greatly overvalued vs peers
About
American Tower Corporation, one of the largest global REITs, is a leading independent owner, operator and developer of multitenant communications real estate with a portfolio of approximately 219,000 communications sites. For more information about American Tower, please visit the Earnings Materials and Investor Presentations sections of our investor relations website at www.americantower.com.
Company Valuation
Based on key historical and expected multiples, the stock is greatly overvalued relative to its peers. Specifically, the stock is 'expensive' on P/E, neutral on EV/EBITDA
Target Price
The average target price of AMT is 242 and suggests 32% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to increase
