Paramount Group Inc has a consensus price target of $6.83 based on the ratings of 10 analysts. The high is $14 issued by Morgan Stanley on March 1, 2022. The low is $4 issued by Wells Fargo on September 11, 2024. The 3 most-recent analyst ratings were released by Wells Fargo, Morgan Stanley, and Evercore ISI Group on September 11, 2024, March 28, 2024, and March 18, 2024, respectively. With an average price target of $4.5 between Wells Fargo, Morgan Stanley, and Evercore ISI Group, there's an implied -10.54% downside for Paramount Group Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Paramount Group (NYSE:PGRE) was reported by Wells Fargo on September 11, 2024. The analyst firm set a price target for $4.00 expecting PGRE to fall to within 12 months (a possible -20.48% downside). 3 analyst firms have reported ratings in the last year.
The latest analyst rating for Paramount Group (NYSE:PGRE) was provided by Wells Fargo, and Paramount Group maintained their underweight rating.
The last upgrade for Paramount Group Inc happened on March 18, 2024 when Evercore ISI Group raised their price target to $5. Evercore ISI Group previously had an underperform for Paramount Group Inc.
The last downgrade for Paramount Group Inc happened on November 13, 2023 when B of A Securities changed their price target from $5 to $4 for Paramount Group Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Paramount Group, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Paramount Group was filed on September 11, 2024 so you should expect the next rating to be made available sometime around September 11, 2025.
While ratings are subjective and will change, the latest Paramount Group (PGRE) rating was a maintained with a price target of $3.50 to $4.00. The current price Paramount Group (PGRE) is trading at is $5.03, which is out of the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.