Mizuho Securities analyst Vikram Malhotra maintained a Buy rating on Paramount Group (PGRE – Research Report) on July 20 and set a price target of $7.00. The company’s shares opened today at $5.02.
According to TipRanks, Malhotra is an analyst with an average return of -5.0% and a 44.33% success rate. Malhotra covers the Real Estate sector, focusing on stocks such as Alexandria Equities, Healthpeak Properties, and Ventas.
The word on The Street in general, suggests a Hold analyst consensus rating for Paramount Group with a $5.00 average price target.
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PGRE market cap is currently $1.17B and has a P/E ratio of -28.85.
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Paramount Group, Inc. is a real estate investment and management company. It owns, operates, manages, acquires and redevelops office properties in central business district submarkets of New York, District of Columbia and San Francisco. The company was founded by Werner Otto in 1978 and is headquartered in New York, NY.
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