Paramount Group upgraded by Evercore ISI with a new price target
$PGRE
Real Estate Investment Trusts
Real Estate
Evercore ISI upgraded Paramount Group from Underperform to In-line and set a new price target of $5.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 3/18/2024 | $5.00 | Underperform → In-line | Evercore ISI |
| 11/13/2023 | $5.00 → $4.00 | Neutral → Underperform | BofA Securities |
| 3/1/2023 | $5.50 | Neutral | BofA Securities |
| 11/23/2022 | $8.00 → $6.50 | Overweight → Equal-Weight | Morgan Stanley |
| 11/21/2022 | $8.00 → $6.50 | In-line → Underperform | Evercore ISI |
| 10/19/2022 | Buy → Neutral | BTIG Research | |
| 3/1/2022 | $10.50 → $14.00 | Overweight | Morgan Stanley |
| 1/20/2022 | $11.00 → $10.50 | Neutral → Buy | Mizuho |
Paramount Group, Inc. (NYSE:PGRE) ("Paramount" or the "Company") announced today that it has sold a 45% interest in 900 Third Avenue, a 600,000 square foot Class A office building located on Third Avenue between 54th and 55th Streets in Midtown Manhattan, at a gross asset valuation of $210 million. Paramount will continue to own the remaining 55% interest and manage and lease the property. "We are excited to announce the sale of this non-controlling interest in 900 Third. This transaction underscores the underappreciated value of our assets in the market," said Albert Behler, Chairman, Chief Executive Officer & President of Paramount. "Furthermore, this deal strengthens our balance sheet
Paramount Group, Inc. (NYSE:PGRE) ("Paramount" or the "Company") today announced the 2024 tax treatment of its common stock dividends as described below. Shareholders are encouraged to consult with their personal tax advisors as to their specific tax treatment of Paramount's dividends. Common Shares (CUSIP #69924R108) Record Date Payable Date Total Dividends Per Share Total Dividends Allocable to 2024 2024 Taxable Ordinary Dividends (1) Total Capital Gain Distribution Total Section 1250 Unrecaptured Gain 2024 Non-taxable Dividend (Return of Capital)
Paramount Group, Inc. (NYSE:PGRE) ("Paramount" or the "Company") announced today that it achieved a 5 Star rating in the 2024 GRESB Real Estate Assessment. This is the sixth consecutive year Paramount was awarded GRESB's highest rating. The Company was a top performer among over 2,200 global real estate participants and received "Sector Leader" status within the Office/Americas category. The GRESB Sector Leaders are distinguished as the best performers by sector, region, and nature of ownership from across the GRESB Assessments. "Achieving GRESB's highest accolades, outperforming the GRESB average score by 21%, and improving upon our 2023 score validates the effectiveness of our ESG str
8-K - Paramount Group, Inc. (0001605607) (Filer)
8-K - Paramount Group, Inc. (0001605607) (Filer)
10-Q - Paramount Group, Inc. (0001605607) (Filer)
Evercore ISI upgraded Paramount Group from Underperform to In-line and set a new price target of $5.00
BofA Securities downgraded Paramount Group from Neutral to Underperform and set a new price target of $4.00 from $5.00 previously
BofA Securities resumed coverage of Paramount Group with a rating of Neutral and set a new price target of $5.50
4 - Paramount Group, Inc. (0001605607) (Issuer)
4 - Paramount Group, Inc. (0001605607) (Issuer)
4 - Paramount Group, Inc. (0001605607) (Issuer)
Paramount Group, Inc. (NYSE:PGRE) ("Paramount" or the "Company") announced today that it has sold a 45% interest in 900 Third Avenue, a 600,000 square foot Class A office building located on Third Avenue between 54th and 55th Streets in Midtown Manhattan, at a gross asset valuation of $210 million. Paramount will continue to own the remaining 55% interest and manage and lease the property. "We are excited to announce the sale of this non-controlling interest in 900 Third. This transaction underscores the underappreciated value of our assets in the market," said Albert Behler, Chairman, Chief Executive Officer & President of Paramount. "Furthermore, this deal strengthens our balance sheet
Paramount Group, Inc. (NYSE:PGRE) ("Paramount" or the "Company") today announced the 2024 tax treatment of its common stock dividends as described below. Shareholders are encouraged to consult with their personal tax advisors as to their specific tax treatment of Paramount's dividends. Common Shares (CUSIP #69924R108) Record Date Payable Date Total Dividends Per Share Total Dividends Allocable to 2024 2024 Taxable Ordinary Dividends (1) Total Capital Gain Distribution Total Section 1250 Unrecaptured Gain 2024 Non-taxable Dividend (Return of Capital)
Paramount Group, Inc. (NYSE:PGRE) ("Paramount" or the "Company") announced today that it achieved a 5 Star rating in the 2024 GRESB Real Estate Assessment. This is the sixth consecutive year Paramount was awarded GRESB's highest rating. The Company was a top performer among over 2,200 global real estate participants and received "Sector Leader" status within the Office/Americas category. The GRESB Sector Leaders are distinguished as the best performers by sector, region, and nature of ownership from across the GRESB Assessments. "Achieving GRESB's highest accolades, outperforming the GRESB average score by 21%, and improving upon our 2023 score validates the effectiveness of our ESG str
SC 13G/A - Paramount Group, Inc. (0001605607) (Subject)
SC 13G/A - Paramount Group, Inc. (0001605607) (Subject)
SC 13G/A - Paramount Group, Inc. (0001605607) (Subject)
Paramount Group, Inc. (NYSE:PGRE) ("Paramount" or the "Company") announced today that it has appointed Paula Sutter to its Board of Directors (the "Board") as an independent director, effective immediately. With the addition of Ms. Sutter, Paramount's Board now comprises ten members, nine of whom are independent. "Paula is a highly experienced business executive who brings added depth and perspective to our Board of Directors," said Albert Behler, Chairman, Chief Executive Officer and President of Paramount Group. "Her appointment is also in keeping with our commitment to increase the number of women on the Board. Paula will be a valuable addition to the Board and we look forward to workin