Shaers of American Tower Corporation (NYSE:AMT) have been recommended as a long term growth pick according to Beta Research. With the firm’s stock price currently trading around $137.09, the firm has proven a solid track record of growth over the past few years. Investors might consider the stock as a long term growth candidate as the firm has yielded 14.80% earnings per share growth over the past 5 years and 18.80% revenue growth over that same time frame.
Let’s take a look at how the stock has been performing recently. Over the past twelve months, American Tower Corporation (NYSE:AMT)’s stock was 29.72%. Over the last week of the month, it was 0.31%, 2.40% over the last quarter, and 11.67% for the past six months.
Over the past 50 days, American Tower Corporation’s stock is -7.81% off of the high and 2.50% removed from the low. Their 52-Week High and Low are as follows: -7.81% (High), 37.47%, (Low).
Despite the past success, investors want to know where the stock is headed from here. Analysts covering the shares have a consensus short-term price target of $153.81 on the equity. Analysts have a consensus recommendation of 1.70 based on a 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.