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Parkway Properties, Inc. (PKY) [hlAlert]

Rating:
Buy PKY
up 3.47 %

Parkway Properties, Inc. (PKY) rated Buy by BofA/Merrill

Posted on: Tuesday,  Jan 8, 2013  8:25 AM ET by BofA/Merrill

BofA/Merrill rated Buy Parkway Properties, Inc. (NYSE: PKY) on 01/08/2013, when the stock price was $15.52. Since
then, Parkway Properties, Inc. has gained 3.48% as of 01/14/2016's recent price of $16.06.
If you would have followed this BofA/Merrill's recommendation on PKY, you would have gained 3.47% of your investment in 1101 days.

Parkway Properties, Inc. (Parkway) is a real estate investment trust (REIT) specializing in the operation, leasing, acquisition and ownership of office properties. The Company performs these services for its own account and for other institutional investors through co-ownership structures, such as discretionary funds and/or partnerships. Parkwat focused on the Southeastern and Southwestern United States and Chicago. As of January 1, 2009, Parkway owned or had an interest in 67 office properties located in 11 states with an aggregate of approximately 13.5 million square feet of leasable space. Included in the portfolio are one discretionary fund and several partnership arrangements, which encompass 21 properties totaling 3.8 million square feet, representing 28% of the portfolio.

BofA/Merrill
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/8/2013 8:25 AM Buy
None
15.52
as of 12/13/2013
1 Week down  -3.30 %
1 Month down  -0.11 %
3 Months up  5.04 %
1 YTD up  11.34 %

(*) Stock Price at the time of the recommendation.
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