On May 20, 2025, Evercore ISI Group, led by analyst Steve Sakwa, announced a notable upgrade for Paramount Group (PGRE, Financial). The rating for the company has been improved from "In-Line" to "Outperform". This change reflects a positive outlook for the company's performance in the coming period.
Along with the rating upgrade, Evercore ISI Group has substantially raised the price target for Paramount Group (PGRE, Financial). The new price target is set at USD 8.00, marking a significant increase of 77.78% from the prior target of USD 4.50. This sharp rise in the price target indicates increased confidence in the stock's potential to deliver strong returns.
Investors and stakeholders are advised to take note of these updates from Evercore ISI Group as they may influence trading decisions regarding Paramount Group (PGRE, Financial). The adjustments reflect an improved sentiment towards the company's future prospects in the market.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 4 analysts, the average target price for Paramount Group Inc (PGRE, Financial) is $4.31 with a high estimate of $5.00 and a low estimate of $3.25. The average target implies an downside of 20.29% from the current price of $5.41. More detailed estimate data can be found on the Paramount Group Inc (PGRE) Forecast page.
Based on the consensus recommendation from 6 brokerage firms, Paramount Group Inc's (PGRE, Financial) average brokerage recommendation is currently 3.2, indicating "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Paramount Group Inc (PGRE, Financial) in one year is $4.58, suggesting a downside of 15.34% from the current price of $5.41. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Paramount Group Inc (PGRE) Summary page.
