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Paramount Group (PGRE) Receives a Hold from Evercore ISI

In a report released today, Steve Sakwa from Evercore ISI maintained a Hold rating on Paramount Group (PGREResearch Report), with a price target of $11.00. The company’s shares closed last Tuesday at $10.83.

According to TipRanks.com, Sakwa is a 3-star analyst with an average return of 2.9% and a 60.2% success rate. Sakwa covers the Financial sector, focusing on stocks such as Corporate Office Properties, Healthpeak Properties, and JBG Smith Properties.

Paramount Group has an analyst consensus of Moderate Buy, with a price target consensus of $12.25.

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The company has a one-year high of $11.65 and a one-year low of $7.79. Currently, Paramount Group has an average volume of 2.09M.

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Paramount Group, Inc. is a real estate investment and management company. It owns, operates, manages, acquires and redevelops office properties in central business district submarkets of New York, District of Columbia and San Francisco. The company was founded by Werner Otto in 1978 and is headquartered in New York, NY.

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