Pebblebrook Hotel Trust (PEB) : 2 brokerage houses believe that Pebblebrook Hotel Trust (PEB) is a Strong Buy at current levels. 2 Analyst considers the fundamentals to be worthy of a Buy recommendation. 5 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Pebblebrook Hotel Trust (PEB). Zacks Investment Research suggests a Sell with a rank of 4. 1 others believe that the stock has run up ahead of its fundamentals and advise a Strong Sell on the stock.The median of all the 10 Wall Street Analysts endorse the stock as a Hold with a rating of 2.6.
Pebblebrook Hotel Trust (PEB) stock is expected to deviate a maximum of $6.39 from the average target price of $28.19 for the short term period. 8 Street Experts have initiated coverage on the stock with the most promising target being $33 and the most muted being $14.
Pebblebrook Hotel Trust has lost 2.21% in the last five trading days and dropped 4.25% in the last 4 weeks. Pebblebrook Hotel Trust is up 23.89% in the last 3-month period. Year-to-Date the stock performance stands at 9.19%. Pebblebrook Hotel Trust (NYSE:PEB): On Tuesdays trading session , Opening price of the stock was $30.18 with an intraday high of $30.34. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $29.71. However, the stock managed to close at $29.71, a loss of 0.67% for the day. On the previous day, the stock had closed at $29.91. The total traded volume of the day was 456,508 shares.
Pebblebrook Hotel Trust is a hotel investment company. The Company operates as a real estate investment trust (REIT). The Company is engaged in acquiring and investing in hotel properties located primarily in cities of the United States. It owns interests in around 35 hotels, including 29 wholly owned hotels with a total of 6,948 guest rooms and a 49% joint venture interest in six hotels with a total of 1,775 guest rooms. The hotels are located in markets, including Atlanta (Buckhead), Georgia; Bethesda, Maryland; Boston, Massachusetts; Hollywood, California; Los Angeles, California; Miami, Florida; Minneapolis, Minnesota; Nashville, Tennessee; New York, New York; Philadelphia, Pennsylvania; Portland, Oregon; San Diego, California; San Francisco, California; Santa Monica, California; Seattle, Washington; Stevenson, Washington; Washington, D.C., and Westwood, California, among others. The Companys assets are held by, and the operations are conducted through Pebblebrook Hotel, L.P.