Morgan Stanley (NYSE:MS) analyst Vikram Malhorta maintained a Buy rating on Paramount Group (NYSE:PGRE) on Wednesday, setting a price target of $11.5, which is approximately 11.76% above the present share price of $10.29.
Malhorta expects Paramount Group to post earnings per share (EPS) of -$0.07 for the second quarter of 2021.
The current consensus among 2 TipRanks analysts is for a Moderate Buy rating of shares in Paramount Group, with an average price target of $11.25.
The analysts price targets range from a high of $11.5 to a low of $11.
In its latest earnings report, released on 12/31/2020, the company reported a quarterly revenue of $182.36 million and a net profit of $36.83 million. The company's market cap is $2.25 billion.
According to TipRanks.com, Morgan Stanley analyst Vikram Malhorta is currently ranked with 2 stars on a 0-5 stars ranking scale, with an average return of 0.9% and a 55.41% success rate.
Paramount Group, Inc. is a real estate investment and management company. It owns, operates, manages, acquires and redevelops office properties in central business district submarkets of New York, District of Columbia and San Francisco. The company was founded by Werner Otto in 1978 and is headquartered in New York, NY.