NYSE:PSB - PS Business Parks Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $135.33
  • Forecasted Upside: -9.89 %
  • Number of Analysts: 3
  • Breakdown:
  • 1 Sell Ratings
  • 2 Hold Ratings
  • 0 Buy Ratings
  • 0 Strong Buy Ratings
$150.19
▼ -4.65 (-3.00%)
1 month | 3 months | 12 months
Get New PS Business Parks Analyst Ratings Delivered To Your Inbox
Sign-up to receive the latest news and ratings for PSB and its competitors with Analyst Ratings Network’s free daily newsletter.

Analyst Price Target for PSB

Average Price Target: $135.33
▼ -9.89% Downside Potential
This price target is based on 3 analysts offering 12 month price targets for PS Business Parks in the last 3 months. The average price target is $135.33, with a high forecast of $155.00 and a low forecast of $112.00. The average price target represents a -9.89% upside from the last price of $150.19.

Hold

The current consensus among 3 contributing investment analysts is to hold stock in PS Business Parks. This Hold consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

  • 0 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 1 sell ratings
12/26/2019
  • 0 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 1 sell ratings
3/25/2020
  • 0 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 1 sell ratings
6/23/2020
  • 0 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 1 sell ratings
9/21/2020
  • 0 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 1 sell ratings
12/20/2020
  • 0 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 1 sell ratings
3/20/2021
  • 0 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 1 sell ratings
5/19/2021
  • 0 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 1 sell ratings
6/18/2021

Latest Recommendations

  • 0 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 1 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
6/7/2021Wells Fargo & CompanyBoost Price TargetUnderweight$145.00 ➝ $155.00Low
4/15/2021KeyCorpUpgradeUnderweight ➝ Sector WeightMedium
10/15/2020KeyCorpLower Price TargetUnderweight$120.00 ➝ $112.00Low
8/13/2020CitigroupBoost Price TargetNeutral$134.00 ➝ $139.00Medium
6/10/2020Wells Fargo & CompanyLower Price TargetUnderweight$175.00 ➝ $150.00Medium
4/7/2020CitigroupLower Price TargetNeutral$182.00 ➝ $128.00High
12/17/2019KeyCorpDowngradeSector Weight ➝ Underweight$145.00High
12/10/2019Wells Fargo & CompanyDowngradeMarket Perform ➝ Underperform$175.00Medium
9/23/2019CitigroupUpgradeSell ➝ Neutral$142.00 ➝ $180.00Low
3/29/2019CitigroupBoost Price TargetSell ➝ Sell$107.00 ➝ $133.00High
8/9/2018Wells Fargo & CompanyBoost Price TargetMarket Perform ➝ Market Perform$121.00 ➝ $131.00Low
6/15/2018JPMorgan Chase & Co.UpgradeUnderweight ➝ Neutral$122.00Medium
5/29/2018JPMorgan Chase & Co.Boost Price TargetUnderweight ➝ Underweight$121.00 ➝ $122.00Low
4/24/2018CitigroupLower Price TargetSell ➝ Sell$111.00 ➝ $107.00Low
2/14/2018JPMorgan Chase & Co.Lower Price TargetUnderweight ➝ Underweight$135.00 ➝ $123.00Medium
12/15/2017JPMorgan Chase & Co.DowngradeNeutral ➝ Underweight$135.00Medium
8/25/2017KeyCorpReiterated RatingHoldLow
12/13/2016CitigroupDowngradeNeutral ➝ Sell$107.00N/A
7/7/2016CitigroupBoost Price TargetNeutral$93.00 ➝ $107.00N/A
(Data available from 6/18/2016 forward)
PS Business Parks logo
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.
Read More

Today's Range

Now: $150.19
Low: $149.77
High: $153.70

50 Day Range

MA: $157.99
Low: $150.11
High: $163.84

52 Week Range

Now: $150.19
Low: $109.26
High: $165.85

Volume

242,715 shs

Average Volume

91,327 shs

Market Capitalization

$4.13 billion

P/E Ratio

37.27

Dividend Yield

2.71%

Beta

0.47

Frequently Asked Questions

What sell-side analysts currently cover shares of PS Business Parks?

The following equities research analysts have issued research reports on PS Business Parks in the last year: Citigroup Inc., KeyCorp, Wells Fargo & Company, and Zacks Investment Research.
View the latest analyst ratings for PSB.

What is the current price target for PS Business Parks?

3 Wall Street analysts have set twelve-month price targets for PS Business Parks in the last year. Their average twelve-month price target is $135.33, suggesting a possible downside of 10.2%. Wells Fargo & Company has the highest price target set, predicting PSB will reach $155.00 in the next twelve months. KeyCorp has the lowest price target set, forecasting a price of $112.00 for PS Business Parks in the next year.
View the latest price targets for PSB.

What is the current consensus analyst rating for PS Business Parks?

PS Business Parks currently has 1 sell rating and 2 hold ratings from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in PSB, but not buy more shares or sell existing shares.
View the latest ratings for PSB.

What other companies compete with PS Business Parks?

How do I contact PS Business Parks' investor relations team?

PS Business Parks' physical mailing address is 701 WESTERN AVE, GLENDALE CA, 91201. The real estate investment trust's listed phone number is 818-244-8080 and its investor relations email address is [email protected] The official website for PS Business Parks is www.psbusinessparks.com.