PS Business Parks (MD) found using ticker (PSB) now have 4 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The target price ranges between 195 and 112 and has a mean target at 168.75. Given that the stocks previous close was at 165.21 this indicates there is a potential upside of 2.1%. The 50 day MA is 178.03 and the 200 day moving average is 163.6. The company has a market cap of $4,565m. Visit the company website at: https://www.psbusinessparks.com
The potential market cap would be $4,663m based on the market concensus.
PS Business Parks, 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.
