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.
Several price targets were given for PGRE by the analysts covering the stock. The highest price target was 19, implying a possible profit of 18.38 percent. The most pessimistic price target was 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. 0 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts made negative revisions. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts decreased their estimates.
PGRE has a 52-week high of 18.28 and a 52-week low of 14.58. The current market price is above the trailing year's low by 10.08 percent, and 12.2 percent lower than its 52-week high. 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's next earnings release will be on 0000-00-00, which is days away.