Analyst Price Target is $172.50
▼ -7.97% Downside Potential
This price target is based on 2 analysts offering 12 month price targets for PS Business Parks in the last 3 months. The average price target is $172.50, with a high forecast of $175.00 and a low forecast of $170.00. The average price target represents a -7.97% upside from the last price of $187.44.
Current Consensus is
The current consensus among 2 polled investment analysts is to buy stock in PS Business Parks. This rating has held steady since April 2022, when it changed from a Hold consensus rating.
PS Business Parks, Inc., a member of the S&P MidCap 400, is a REIT that acquires, develops, owns, and operates commercial properties, primarily multi-tenant industrial, flex, and office space. As of September 30, 2020, the Company wholly owned 27.5 million rentable square feet with approximately 5,000 commercial customers in six states. The Company also held a 95.0% interest in a 395-unit apartment complex and a 98.2% interest in a development of a 411-unit multifamily apartment complex.