PGRE trades 28.3% below Wall Street's consensus target of $8.47.
Last 12 months price action with 12-month analyst target path
The base valuation assumes PGRE achieves its forward estimates and maintains a stable P/E multiple of historical averagesx. This scenario reflects the blended consensus of 13 Wall Street analysts, balancing both positive catalysts and macroeconomic headwinds over the next 12 months.
As of June 22, 2026, Paramount Group, Inc. (PGRE) has a Wall Street consensus price target of $8.47, based on estimates from 13 covering analysts. With the stock currently trading at $6.60, this represents a potential upside of +28.3%. The company has a market capitalization of $1.46B.
Analyst price targets range from a low of $6.60 to a high of $12.00, representing a 64% spread in expectations. The median target of $7.80 differs from the mean, suggesting potential outlier estimates. The wide target spread reflects significant disagreement on fair value.
The current analyst consensus rating is Hold, with 4 analysts rating the stock as a Buy or Strong Buy,8 rating it Hold, and 1 rating it Sell or Strong Sell. The mixed ratings reflect uncertainty about near-term direction.
From a valuation perspective, PGRE trades at a trailing P/E of -31.4x. Analysts expect EPS to grow -1.9% over the next year.
Our proprietary valuation model, which blends historical multiples with forward estimates, suggests a base-case price target of $16.89, with bear and bull scenarios of $10.64 and $22.26 respectively. Model confidence stands at 44/100, suggesting limited visibility into future performance.
| Company | Market Cap | Price | Target | Upside Potential | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
SLGSL Green Realty Corp. | $3.7B | $50.56 | $48.91 | -3.3% | Hold | — | 31 |
BXPBXP, Inc. | $10.3B | $64.70 | $65.50 | +1.2% | Buy | 32.3x | 42 |
HIWHighwoods Properties, Inc. | $3.2B | $29.28 | $27.33 | -6.7% | Hold | 27.3x | 22 |
CUZCousins Properties Incorporated | $4.7B | $28.28 | $30.00 | +6.1% | Buy | 170.3x | 16 |
PDMPiedmont Office Realty Trust, Inc. | $1.1B | $8.94 | $11.00 | +23.0% | Hold | — | 11 |
DEAEasterly Government Properties, Inc. | $1.1B | $23.16 | $16.41 | -29.1% | Hold | 128.7x | 8 |
VNOVornado Realty Trust | $7.1B | $37.81 | $37.17 | -1.7% | Hold | 3601.0x | 29 |
KRCKilroy Realty Corporation | $4.4B | $36.81 | $37.38 | +1.5% | Hold | 136.4x | 28 |
ESRTEmpire State Realty Trust, Inc. | $891M | $5.24 | $6.00 | +14.5% | Hold | 6.0x | 16 |
CBRECBRE Group, Inc. | $38.6B | $131.55 | $180.50 | +37.2% | Buy | 17.0x | 20 |
Quick answers to the most common questions about buying PGRE stock.
The consensus Wall Street price target for PGRE is $8.47, representing 28.3% upside from the current price of $6.6. With 13 analysts covering the stock, this strong upside suggests significant value not yet reflected in today's share price.
PGRE has a consensus rating of "Hold" based on 13 Wall Street analysts. The rating breakdown is mixed, with 8 Hold ratings making up the largest segment. The consensus 12-month price target of $8.47 implies 28.3% upside from current levels.
PGRE's current price is $6.6 with a consensus target of $8.47 (28.3% implied move). Analyst estimates suggest the stock is undervalued at current levels.
The most bullish Wall Street analyst has a price target of $12 for PGRE, while the most conservative target is $6.6. The consensus of $8.47 represents the median expectation. Our quantitative valuation model projects a bull case target of $22 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.
PGRE is moderately covered, with 13 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 4 have Buy ratings, 8 recommend Hold, and 1 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
The 12-month PGRE stock forecast based on 13 Wall Street analysts shows a consensus price target of $8.47, with estimates ranging from $6.6 (bear case) to $12 (bull case). The median consensus rating is "Hold". Our proprietary valuation model produces a base case fair value of $17, with bear/bull scenarios of $11/$22.
Our quantitative valuation model calculates PGRE's fair value at $17 (base case), with a bear case of $11 and bull case of $22. The model uses discounted cash flow analysis, historical growth rates, and margin mean-reversion to project FY+2 earnings, then applies an appropriate P/E multiple. The model confidence score is 44/100.
Wall Street analysts are very optimistic on PGRE, with a "Hold" consensus rating and $8.47 price target (28.3% upside). 4 of 13 analysts rate it Buy or Strong Buy. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.
PGRE analyst price targets range from $6.6 to $12, a 64% wide spread indicating significant analyst disagreement. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $8.47 consensus represents the middle ground. Our model's $11-$22 range provides an independent fundamental perspective.
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