PS Business Parks (MD) found using ticker (PSB) now have 3 analysts in total covering the stock. The consensus rating is ‘Hold’. The range between the high target price and low target price is between 178 and 112 calculating the average target price we see 153.33. With the stocks previous close at 167.16 this would imply there is a potential downside of -8.3%. The day 50 moving average is 162.16 while the 200 day moving average is 164.86. The company has a market capitalisation of $4,606m. You can visit the company’s website by visiting: https://www.psbusinessparks.com
The potential market cap would be $4,225m 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.
