Analyst Ratings for Paramount Group Inc. (PGRE)

Updated: 2017-07-26

Shares of Paramount Group Inc. (NYSE:PGRE) have received a consensus rating of Hold from Wall Street analysts. Last month, PGRE received an average rating of Hold.

A buy rating was issued by 3 analysts, 1 gave an overweight rating, 3 gave a hold rating, 1 issued an underweight rating, and 2 gave a sell rating. Compared to three months ago, there has been an increase of 0 in the number of analysts with a positive outlook on the stock. Meanwhile, the number of analysts pessimistic about the company has increased by 3.

A number of analysts gave price targets for PGRE. The highest price target was 19, which equates to a potential upside of 18.38 percent. The minimum price target given was 15, which equates to a potential downside of -6.54 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is 35.83 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 0 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 50 percent.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. Over the past month, 0 analysts increased their quarterly estimates, which can be compared to the 0 analysts that decreased their estimates. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 0 analysts decreased their estimates.

In the trailing 52-weeks, PGRE hit 18.28 at the highest peak, while it's lowest trading point was 14.58. Currently the stock is 10.08 percent higher than its low, and below the high by 12.2 percent. PGRE has a P/E ratio of 0. Investors typically compare the P/E ratio to a company's peers in the industry. The PGRE value stock report compares PGRE to some of its peers using value stock charts. The market cap of PGRE is $3.71 billion. PGRE's next earnings release will be on 0000-00-00, which is days away.