This is what analysts have to say about Paramount Group, Inc. (NYSE:PGRE) after last week.

December 8, 2017 - By Darrin Black

 This is what analysts have to say about Paramount Group, Inc. (NYSE:PGRE) after last week.

Paramount Group, Inc. (NYSE:PGRE) Ratings Coverage

Among 10 analysts covering Paramount Group (NYSE:PGRE), 4 have Buy rating, 3 Sell and 3 Hold. Therefore 40% are positive. Paramount Group has $22 highest and $15 lowest target. $18.57’s average target is 17.98% above currents $15.74 stock price. Paramount Group had 18 analyst reports since August 10, 2015 according to SRatingsIntel. As per Tuesday, September 8, the company rating was maintained by Evercore. The company was downgraded on Tuesday, December 13 by Morgan Stanley. Bank of America downgraded Paramount Group, Inc. (NYSE:PGRE) on Tuesday, March 29 to “Neutral” rating. The firm has “Outperform” rating given on Tuesday, December 13 by Wells Fargo. Morgan Stanley downgraded Paramount Group, Inc. (NYSE:PGRE) on Tuesday, June 13 to “Underweight” rating. BTIG Research initiated the shares of PGRE in report on Thursday, August 25 with “Neutral” rating. The rating was downgraded by Mizuho to “Underperform” on Monday, July 10. The stock of Paramount Group, Inc. (NYSE:PGRE) has “Overweight” rating given on Wednesday, March 2 by Capital One. Goldman Sachs maintained Paramount Group, Inc. (NYSE:PGRE) rating on Thursday, June 22. Goldman Sachs has “Sell” rating and $15 target. As per Thursday, February 25, the company rating was maintained by Mizuho. Below is a list of Paramount Group, Inc. (NYSE:PGRE) latest ratings and price target changes.

10/07/2017 Broker: Mizuho Old Rating: Neutral New Rating: Underperform Downgrade
22/06/2017 Broker: Goldman Sachs Rating: Sell New Target: $15 Maintain
13/06/2017 Broker: Morgan Stanley Old Rating: Equal-Weight New Rating: Underweight Downgrade

The stock decreased 0.44% or $0.07 during the last trading session, reaching $15.74. About 1.55M shares traded or 29.61% up from the average. Paramount Group, Inc. (NYSE:PGRE) has declined 1.39% since December 8, 2016 and is downtrending. It has underperformed by 18.09% the S&P500.

Paramount Group, Inc. is a real estate firm that invests in Class A office properties located in select central business district submarkets of New York City, Washington, D.C. and San Francisco. The company has market cap of $4.17 billion.

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