Barclays Believes Pebblebrook Hotel (PEB) Won’t Stop Here


In a report released yesterday, Felicia Hendrix from Barclays maintained a Buy rating on Pebblebrook Hotel (NYSE: PEB), with a price target of $43. The company’s shares closed yesterday at $39.73, close to its 52-week high of $39.91.

According to TipRanks.com, Hendrix is a 4-star analyst with an average return of 7.6% and a 60.5% success rate. Hendrix covers the Services sector, focusing on stocks such as Marriott International, Extended Stay America, and Hilton Holdings.

Pebblebrook Hotel has an analyst consensus of Moderate Buy, with a price target consensus of $40.25.

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The company has a one-year high of $39.91 and a one-year low of $30.15. Currently, Pebblebrook Hotel has an average volume of 801.4K.

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Pebblebrook Hotel Trust operates as a real estate investment trust. It invests in, manages, and operates hotels and resorts. The company was founded by Jon E. Bortz on October 2, 2009 and is headquartered in Bethesda, MD.

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