KeyBanc Remains a Buy on American Tower (AMT)


KeyBanc analyst Brandon Nispel maintained a Buy rating on American Tower (AMT) today and set a price target of $273.00. The company’s shares closed last Monday at $246.14, close to its 52-week high of $258.62.

According to TipRanks.com, Nispel is a 5-star analyst with an average return of 16.9% and a 81.1% success rate. Nispel covers the Technology sector, focusing on stocks such as Crown Castle, T Mobile US, and Akamai.

American Tower has an analyst consensus of Moderate Buy, with a price target consensus of $260.20.

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American Tower’s market cap is currently $109B and has a P/E ratio of 68.59. The company has a Price to Book ratio of 20.78.

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