J.P. Morgan analyst Anthony Paolone maintained a Buy rating on PS Business Parks (NYSE:PSB) Inc on Tuesday, setting a price target of $195, which is approximately 9.70% above the present share price of $177.75.
Paolone expects PS Business Parks Inc to post earnings per share (EPS) of $1.90 for the fourth quarter of 2021.
The current consensus among 2 TipRanks analysts is for a Moderate Buy rating of shares in PS Business Parks, with an average price target of $179.
The analysts price targets range from a high of $195 to a low of $163.
In its latest earnings report, released on 09/30/2021, the company reported a quarterly revenue of $110.45 million and a net profit of $48.35 million. The company's market cap is $4.9 billion.
According to TipRanks.com, J.P. Morgan analyst Anthony Paolone is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 9.4% and a 65.65% success rate.
PS Business Parks, Inc. is a fully-integrated, self-advised, and self-managed real estate investment trust, which engages in the ownership, operation, acquisition, and development of commercial properties, primarily multi-tenant flex, office, and industrial space. Its commercial real estate properties include warehouse and office space. The company was founded in 1986 and is headquartered in Glendale, CA.