PS Business Parks (NYSE:PSB) is scheduled to post its quarterly earnings results after the market closes on Wednesday, February 21st. Analysts expect PS Business Parks to post earnings of $0.71 per share for the quarter.
Shares of PS Business Parks (NYSE PSB) opened at $113.00 on Wednesday. The firm has a market cap of $3,052.39, a P/E ratio of 37.67, a P/E/G ratio of 3.49 and a beta of 0.44. PS Business Parks has a 52-week low of $107.91 and a 52-week high of $137.60.
A number of analysts recently weighed in on the stock. JPMorgan Chase & Co. downgraded shares of PS Business Parks from a “neutral” rating to an “underweight” rating and set a $135.00 price target on the stock. in a research report on Friday, December 15th. Zacks Investment Research downgraded shares of PS Business Parks from a “buy” rating to a “hold” rating in a research report on Wednesday, November 1st.
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PS Business Parks Company Profile
PS Business Parks, Inc is a self-advised and self-managed real estate investment trust (REIT). The Company owns, operates and develops commercial properties, primarily multi-tenant flex, office and industrial parks. It focuses on owning concentrated business parks. PS Business Parks, L.P. (the Operating Partnership) is a California limited partnership, which owns directly or indirectly substantially all of its assets and through, which the Company conducts substantially all of its business.
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