Paramount Group (NYSE:PGRE) will post its quarterly earnings results after the market closes on Tuesday, February 20th.
Paramount Group (NYSE:PGRE) opened at $14.16 on Tuesday. The company has a market cap of $3,411.45, a price-to-earnings ratio of 38.27, a PEG ratio of 3.05 and a beta of 0.67. Paramount Group has a 1-year low of $13.70 and a 1-year high of $17.58.
A number of equities analysts have recently commented on the stock. Goldman Sachs Group raised shares of Paramount Group from a “sell” rating to a “neutral” rating and set a $16.00 target price on the stock in a report on Tuesday, February 6th. TheStreet raised shares of Paramount Group from a “d+” rating to a “c-” rating in a report on Thursday, December 21st. Finally, Zacks Investment Research cut shares of Paramount Group from a “buy” rating to a “hold” rating in a report on Tuesday, November 28th. Three research analysts have rated the stock with a sell rating, two have given a hold rating and two have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus target price of $16.60.
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Paramount Group, Inc is a fully-integrated real estate investment trust (REIT) focused on owning, operating, managing, acquiring and redeveloping Class A office properties in select central business district submarkets of New York City, Washington, District of Columbia (DC) and San Francisco. The Company conducts its business through, and substantially all its interests in properties and investments are held by, Paramount Group Operating Partnership LP (the Operating Partnership).
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