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 maximum price target given was 19, implying potential capital gains of 18.38 percent. The most pessimistic analyst gave a price target of 15, implying a possible loss of -6.54 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is 35.83 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of 50 percent in FY estimates.

Another thing investors often look at is the level of agreement among analysts' revisions. Over the past month, 0 analysts increased their quarterly estimates, while 0 analysts made negative revisions. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 0 analysts made negative revisions to their fiscal year's estimates.

PGRE has traded between a high of 18.28 and a low of 14.58 over the past year. Today's price is 10.08 percent above the 52-week 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 stock has a market capitalization of $3.71 billion. PGRE is estimated to release their earnings results for the quarter on 0000-00-00, days from today.