Citigroup (NYSE:C) analyst Citigroup maintained a Hold rating on PS Business Parks (NYSE:PSB) Inc on Thursday, setting a price target of $139, which is approximately 1.71% above the present share price of $136.66.
expects PS Business Parks Inc to post earnings per share (EPS) of $0.93 for the third quarter of 2020.
The current consensus among 2 TipRanks analysts is for a Moderate Sell rating of shares in PS Business Parks, with an average price target of $144.5.
The analysts price targets range from a high of $150 to a low of $139.
In its latest earnings report, released on 06/30/2020, the company reported a quarterly revenue of $100.56 million and a net profit of $44.46 million. The company's market cap is $3.69 billion.
According to TipRanks.com, Citigroup analyst Citigroup is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 8.4% and a 58.97% 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.