Companies in the Real Estate sector have received a lot of coverage today as analysts weigh in on Paramount Group (PGRE – Research Report) and Empire State Realty (ESRT – Research Report).
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Paramount Group (PGRE)
Wells Fargo analyst Blaine Heck maintained a Hold rating on Paramount Group today and set a price target of $6.60. The company’s shares closed last Tuesday at $6.52.
According to TipRanks.com, Heck is a 2-star analyst with an average return of
The word on The Street in general, suggests a Hold analyst consensus rating for Paramount Group with a $6.43 average price target, representing a -1.5% downside. In a report issued on October 1, TR | OpenAI – 4o also reiterated a Hold rating on the stock with a $7.00 price target.
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Empire State Realty (ESRT)
Wells Fargo analyst James Feldman maintained a Sell rating on Empire State Realty today and set a price target of $8.30. The company’s shares closed last Tuesday at $7.25.
According to TipRanks.com, Feldman is a 1-star analyst with an average return of
Currently, the analyst consensus on Empire State Realty is a Hold with an average price target of $8.56.
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- Paramount Group upgraded to In Line from Underperform at Evercore ISI
- Paramount Group upgraded to Equal Weight from Underweight at Wells Fargo
- General Mills reports Q1 beat, Rithm to acquire Paramount Group: Morning Buzz
- Paramount Group to be Acquired by Rithm Capital
- Rithm Capital to acquire Paramount Group for $1.6B in cash
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