American Tower Corp (NYSE:AMT) Sets 52 Week High Bar Of $167.85


American Tower Corp (NYSE:AMT)

December 6th, 2018
American Tower Corp closed Thursday up 2.54%, a $4.15 increase to close on $167.63. Furthermore it hit a new 52 week high of $167.85.

AMT was outperformed by the rest of the Real Estate sector which went up 2.66%.
American Tower Corp is listed on the S&P 500 index, and was one of 213 stocks that increased today. Weighted by market cap, AMT represents about 0.26% of the S&P 500.

Analysis results from 19 analysts points to the possibility that American Tower Corp could go up somewhat (2.57%), while Finbox has calculated (with low uncertainty) a fair value price of $160.10.

Market Sectors

The market sectors were mixed Thursday with a majority of the sectors trending down. Real Estate saw the biggest increase of the day (2.66%), while Energy saw the biggest drop (1.77%). Healthcare has seen the biggest year-to-date gain at 13%. The biggest loss this year has been the Communication Services sector falling 13%.

Communication Services saw the biggest turnaround from its 5-day performance of -0.23%, as it went up 1.04%. Energy and Materials saw turn arounds from their five day positive performance, Energy with a drop of 1.77%.

Sector Breakdown

  • Real Estate went up with a 2.66% change.
  • Communication Services went up with a 1.04% change.
  • Consumer Discretionary went up with a 0.61% change.
  • Information Technology went up with a 0.23% change.
  • Utilities went down with a -0.10% change.
  • Consumer Staples went down with a -0.10% change.
  • Healthcare went down with a -0.31% change.
  • Industrials went down with a -0.55% change.
  • Materials went down with a -1.36% change.
  • Financials went down with a -1.44% change.
  • Energy went down with a -1.77% change.

American Tower Corporation is based in Boston. American Tower Corporation was founded in 1995.

American Tower Corp Info

American Tower, one of the largest global REITs, is a leading independent owner, operator and developer of multitenant communications real estate with a portfolio of approximately 170,000 communications sites.

All amounts in USD unless otherwise indicated
AMT daily update

AMT daily update
AMT daily update

Media Gazelle Inc (MG), a Nevada Corporation, owns and operates the online brand US Tribune News. MG does not offer financial advise, and is not a registered broker/dealer/analyst/adviser, holds no investment licenses, and may not sell, offer to sell or offer to buy any security. MG’s market updates, news are not a solicitation or recommendation to buy, sell or hold securities. MG shall not be held liable for any investment losses you may incur by using the information provided, this includes you trading the stocks mentioned on our sites. We recommend you talk to a financial adviser before trading any securities or taking any action based upon information on this site. MG does not guarantee the accuracy of the article.