PS Business Parks (MD) found using ticker (PSB) now have 4 analysts covering the stock. The analyst consensus points to a rating of ‘Hold’. The range between the high target price and low target price is between 195 and 112 calculating the mean target price we have 163.75. Given that the stocks previous close was at 160.16 this would imply there is a potential upside of 2.2%. The 50 day moving average now sits at 163.89 and the 200 day moving average is 164.15. The company has a market cap of $4,453m. Find out more information at: https://www.psbusinessparks.com
The potential market cap would be $4,552m 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.
