PS Business Parks, Inc. (PSB) At $108.30 Forms Top; 10 Analysts Bullish Western Gas Partners, LP (WES)

February 9, 2018 - By Jerrie Dane

Among 17 analysts covering Western Gas Partners (NYSE:WES), 10 have Buy rating, 1 Sell and 6 Hold. Therefore 59% are positive. Western Gas Partners had 43 analyst reports since August 3, 2015 according to SRatingsIntel. As per Tuesday, January 16, the company rating was maintained by RBC Capital Markets. The firm has “Overweight” rating given on Wednesday, March 30 by JP Morgan. The stock has “Buy” rating by Stifel Nicolaus on Thursday, January 11. On Monday, January 29 the stock rating was maintained by Scotia Capital with “Hold”. The firm has “Underperform” rating by Bank of America given on Monday, February 27. FBR Capital maintained the stock with “Outperform” rating in Monday, September 28 report. RBC Capital Markets maintained Western Gas Partners, LP (NYSE:WES) on Monday, September 25 with “Buy” rating. MUFG initiated it with “Neutral” rating and $59 target in Friday, June 17 report. The firm has “Neutral” rating given on Thursday, April 7 by Citigroup. The firm has “Buy” rating given on Friday, July 31 by MLV. See Western Gas Partners, LP (NYSE:WES) latest ratings:

29/01/2018 Broker: Scotia Capital Rating: Hold New Target: $58.0 Maintain
17/01/2018 Broker: Barclays Capital Old Rating: Overweight New Rating: Equal-Weight Old Target: $62 Downgrade
16/01/2018 Broker: RBC Capital Markets Rating: Buy New Target: $61.0 Maintain
11/01/2018 Broker: Stifel Nicolaus Rating: Buy New Target: $60.0 Maintain
05/01/2018 Broker: Credit Suisse Rating: Neutral New Target: $49 Initiates Coverage On
17/11/2017 Broker: Morgan Stanley Rating: Equal-Weight Old Target: $52 New Target: $51 Maintain
02/11/2017 Broker: Barclays Capital Rating: Overweight Old Target: $63 New Target: $62 Maintain
02/11/2017 Broker: Morgan Stanley Rating: Equal-Weight Old Target: $57 New Target: $52 Maintain
29/10/2017 Broker: RBC Capital Markets Rating: Buy New Target: $69.0 Maintain
26/10/2017 Broker: Stifel Nicolaus Old Rating: Hold New Rating: Buy Upgrade

PS Business Parks, Inc. (PSB) formed multiple top with $114.80 target or 6.00% above today’s $108.30 share price. PS Business Parks, Inc. (PSB) has $3.74B valuation. The stock decreased 3.07% or $3.43 during the last trading session, reaching $108.3. About 82,445 shares traded. PS Business Parks, Inc. (NYSE:PSB) has risen 25.32% since February 9, 2017 and is uptrending. It has outperformed by 8.62% the S&P500.

Western Gas Partners, LP acquires, develops, owns, and operates midstream energy assets in the Rocky Mountains, North-central Pennsylvania, and Texas. The company has market cap of $7.46 billion. It is involved in gathering, processing, compressing, treating, and transporting natural gas, condensate, natural gas liquids, and crude oil. It has a 38.32 P/E ratio. Western Gas Holdings, LLC serves as the general partner of Western Gas Partners, LP.

Investors sentiment increased to 1.52 in Q3 2017. Its up 0.07, from 1.45 in 2017Q2. It improved, as 15 investors sold Western Gas Partners, LP shares while 50 reduced holdings. 18 funds opened positions while 81 raised stakes. 90.45 million shares or 23.46% more from 73.26 million shares in 2017Q2 were reported. Manufacturers Life Insur The reported 4,368 shares. Of Vermont holds 4,455 shares or 0.02% of its portfolio. Mitchell Mcleod Pugh And Williams reported 14,280 shares or 0.54% of all its holdings. Ftb stated it has 0.01% in Western Gas Partners, LP (NYSE:WES). Creative Planning accumulated 343,521 shares or 0.08% of the stock. Usca Ria Ltd Liability Corporation, Texas-based fund reported 8,100 shares. Barrington Strategic Wealth Management Grp, Illinois-based fund reported 14,290 shares. Sg Americas Securities Limited Liability invested 0.02% of its portfolio in Western Gas Partners, LP (NYSE:WES). Starr Communication Incorporated holds 0.56% or 120,408 shares in its portfolio. Van Eck Associates holds 19,942 shares. Cullen Frost Bankers Inc, Texas-based fund reported 17,647 shares. Rr Advisors Ltd Liability Co reported 10.58% in Western Gas Partners, LP (NYSE:WES). 7,021 are owned by Comerica Fincl Bank. Hap Trading Llc stated it has 11,026 shares. 158 are owned by Hwg L P.

The stock decreased 3.76% or $1.88 during the last trading session, reaching $48.09. About 829,815 shares traded or 40.04% up from the average. Western Gas Partners, LP (NYSE:WES) has risen 10.32% since February 9, 2017 and is uptrending. It has underperformed by 6.38% the S&P500.

Since August 18, 2017, it had 0 buys, and 8 selling transactions for $4.42 million activity. RUSSELL JOSEPH D JR had sold 800 shares worth $106,397. DUNBAR JENNIFER HOLDEN sold 4,000 shares worth $522,770. $1.17M worth of PS Business Parks, Inc. (NYSE:PSB) was sold by Rollo Robert S. $396,656 worth of PS Business Parks, Inc. (NYSE:PSB) was sold by Petersen John W. Shares for $1.10M were sold by HAVNER RONALD L JR on Thursday, August 31. Lewis Sara Grootwassink also sold $688,511 worth of PS Business Parks, Inc. (NYSE:PSB) on Tuesday, September 12.

Among 4 analysts covering Ps Business Parks Inc. (NYSE:PSB), 0 have Buy rating, 3 Sell and 1 Hold. Therefore 0 are positive. Ps Business Parks Inc. has $135.0 highest and $87 lowest target. $114’s average target is 5.26% above currents $108.3 stock price. Ps Business Parks Inc. had 8 analyst reports since August 13, 2015 according to SRatingsIntel. The firm earned “Sell” rating on Tuesday, December 13 by Citigroup. KeyBanc Capital Markets maintained the shares of PSB in report on Monday, October 23 with “Hold” rating. The rating was downgraded by JP Morgan on Friday, December 15 to “Underweight”. The company was downgraded on Friday, December 15 by J.P. Morgan. The firm has “Hold” rating by KeyBanc Capital Markets given on Friday, September 22. The rating was downgraded by JP Morgan on Thursday, December 17 to “Neutral”.