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PS Business Parks Inc (NYSE:PSB) stock price target increased to $125.00, issued a report today by Zacks Investment Research

In a report released on Thursday December 01, 2016 Zacks Investment Research increased the stock price target of PS Business Parks Inc (NYSE:PSB) to $125.00 indicating a possible upside of 0.15%.

Yesterday PS Business Parks Inc (NYSE:PSB) traded -2.32% lower at $109.15. The company’s 50-day moving average is $107.83 and its 200-day moving average is $107.48. The last closing price is up 1.54% from the 200-day moving average, compared to the S&P 500 which has decreased -0.03% over the same time period. 35,923 shares of the stock traded hands, down from an average trading volume of 95,033

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PS Business Parks Inc (NYSE:PSB)

PS Business Parks Inc has a 52 week low of $81.27 and a 52 week high of $117.00 with a P/E ratio of 45.67 The company’s market cap is currently $0.

General Information About PS Business Parks Inc (NYSE:PSB)

PS Business Parks, Inc. is a self-advised and self-managed real estate investment trust (REIT). The Company owns, operates and develops commercial properties, primarily multi-tenant flex, office and industrial parks. It focuses on owning concentrated business parks. PS Business Parks, L.P. (the Operating Partnership) is a California limited partnership, which owns directly or indirectly substantially all of its assets and through, which the Company conducts substantially all of its business. It owns and operates approximately 30 million rentable square feet of commercial space, comprising approximately 100 business parks in California, Texas, Virginia, Florida, Maryland and Washington. It owns approximately 14.6 million square feet of flex space. Its commercial properties consist of business parks with low-rise buildings, ranging from 1 to 49 buildings per park, located on parcels of various sizes, which comprise from 12,000 to 3.5 million aggregate square feet of rentable space.

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