Pebblebrook Hotel Trust (NYSE:PEB) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 2.11 by 9 Brokerage Firm. 4 Wall Street Firms have rated the stock as a strong buys. 2 stock experts have also suggested a buy rating. 2 Brokerage Firms have advised hold. 1 Analysts have rated it as strong sell.
Other Equity analysts have also commented on the company shares. Equity analysts at the Brokerage firm Stifel Nicolaus assumes its rating on Pebblebrook Hotel Trust (NYSE:PEB). The rating major has initiated the coverage with hold rating on the shares. The rating by the firm was issued on March 29, 2016.
Pebblebrook Hotel Trust (NYSE:PEB): The mean short term price target for Pebblebrook Hotel Trust (NYSE:PEB) has been established at $29.19 per share. The higher price target estimate is at $38 and the lower price target estimate is expected at $14 according to 8 Analyst. The stock price is expected to vary based on the estimate which is suggested by the standard deviation value of $7.47
Pebblebrook Hotel Trust (NYSE:PEB) rose 0.75% or 0.2 points on Tuesday and made its way into the gainers of the day. After trading began at $26.61 the stock was seen hitting $27.03 as a peak level and $26.33 as the lowest level. The stock ended up at $26.75. The daily volume was measured at 1,056,344 shares. The 52-week high of the share price is $46.66 and the 52-week low is $20.51. The company has a market cap of $1,928 million.
Shares of Pebblebrook Hotel Trust rose by 6.49% in the last five trading days and 12.11% for the last 4 weeks. Pebblebrook Hotel Trust has dropped 2.53% during the last 3-month period . Year-to-Date the stock performance stands at -3.22%.
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.