Several brokerages have updated their recommendations and price targets on shares of Paramount Group (NASDAQ: PGRE) in the last few weeks:
Paramount Group Inc (NASDAQ:PGRE) traded up 0.70% on Monday, hitting $15.72. 527,771 shares of the company traded hands. Paramount Group Inc has a 12 month low of $14.23 and a 12 month high of $18.56. The stock has a market cap of $3.48 billion and a PE ratio of 827.37. The stock’s 50-day moving average is $15.59 and its 200 day moving average is $16.49.
Paramount Group (NASDAQ:PGRE) last issued its quarterly earnings data on Wednesday, November 2nd. The company reported $0.20 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.19 by $0.01. The business had revenue of $171.32 million for the quarter, compared to analysts’ expectations of $166.14 million. The company’s revenue for the quarter was up 2.1% on a year-over-year basis. During the same period in the previous year, the business posted $0.20 earnings per share. Equities research analysts expect that Paramount Group Inc will post $0.85 earnings per share for the current fiscal year.