NYSE:AMTSpecialized REITs
American Tower (AMT) Stock Looks Reasonable Even With A 40% Value Gap
American Tower stock has fallen 31.9% over the past five years, yet both its intrinsic value estimate based on a Discounted Cash Flow (DCF) approach and its earnings multiples currently point to an undervalued setup compared with the market price.
Over the last five years, American Tower has declined 31.9%, which puts recent pricing against a weak return backdrop for long term holders.
Goldman Sachs initiating coverage with a Buy rating and a US$215 target highlights confidence in American...