In a report released yesterday, Richard Anderson from Mizuho Securities reiterated a Hold rating on Paramount Group (NYSE: PGRE), with a price target of $16. The company’s shares closed on Friday at $15.38.
According to TipRanks.com, Anderson is a 4-star analyst with an average return of 6.3% and a 73.3% success rate. Anderson covers the Financial sector, focusing on stocks such as Apartment Investment & Management, First Industrial Realty Trust, and Hudson Pacific Properties.
Paramount Group has an analyst consensus of Hold, with a price target consensus of $16.
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The company has a one-year high of $16.61 and a one-year low of $13.70. Currently, Paramount Group has an average volume of 1.32M.
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Paramount Group, Inc. is a real estate investment and management company, which engages in owning, operating, managing, acquiring, and redeveloping office properties in central business district submarkets of New York and San Francisco. It operates through the following geographical segments: New York, Washington, D.C., and San Francisco.
