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.
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.
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.