In a report released yesterday, Blaine Heck from Wells Fargo maintained a Sell rating on Paramount Group (PGRE – Research Report). The company’s shares closed yesterday at $4.61.
According to TipRanks, Heck is an analyst with an average return of -1.1% and a 51.77% success rate. Heck covers the Real Estate sector, focusing on stocks such as Cousins Properties, Eastgroup Properties, and Prologis.
Paramount Group has an analyst consensus of Hold, with a price target consensus of $5.23.
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PGRE market cap is currently $1.09B and has a P/E ratio of -3.85.
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Paramount Group (PGRE) Company Description:
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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