FMP
Feb 03, 2026
On February 2, 2026, UBS set a price target of $21 for Peakstone Realty Trust (NYSE:PKST). At that time, PKST's stock price was $20.77, showing a slight difference of about 1.11% from the target. This target aligns with Brookfield Asset Management's acquisition price of $21 per share, as highlighted by Business Wire.
Brookfield Asset Management plans to acquire Peakstone Realty Trust in an all-cash deal worth $1.2 billion. This acquisition involves Brookfield's private real estate fund buying all outstanding shares of PKST at $21 each. This price matches UBS's target, indicating confidence in PKST's valuation.
PKST, an industrial real estate investment trust, focuses on the industrial outdoor storage sector. The stock has seen a significant rise, currently priced at $20.77, marking a 32.97% increase with a $5.15 change. This reflects strong market interest, likely influenced by the acquisition news.
Today, PKST's stock fluctuated between $20.67 and $20.85, reaching its highest price in the past year. The lowest price in the past year was $10.35, showing substantial growth. PKST's market capitalization stands at approximately $764.1 million, indicating its size and market presence.
The trading volume for PKST today is 10,040,104 shares on the NYSE, suggesting high investor activity. This volume reflects the market's response to the acquisition announcement and the stock's recent performance, aligning with UBS's price target and Brookfield's acquisition price.
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