Raymond James analyst William Crow maintained a Hold rating on Pebblebrook Hotel (PEB) yesterday. The company’s shares closed last Thursday at $12.65.
According to TipRanks.com, Crow is a 3-star analyst with an average return of 3.1% and a 59.1% success rate. Crow covers the Financial sector, focusing on stocks such as Washington Real Estate Investment, Corporate Office Properties, and First Industrial Realty.
The word on The Street in general, suggests a Hold analyst consensus rating for Pebblebrook Hotel with a $13.63 average price target, representing a 12.2% upside. In a report issued on October 20, Barclays also maintained a Hold rating on the stock with a $16.00 price target.
See today’s analyst top recommended stocks >>
Based on Pebblebrook Hotel’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $22.59 million and GAAP net loss of $131 million. In comparison, last year the company earned revenue of $442 million and had a net profit of $60.37 million.
Based on the recent corporate insider activity of 19 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of PEB in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Pebblebrook Hotel Trust is a real estate investment trust, which engages in the investments and acquisition in hotel properties. Its hotels are located in the markets like: Atlanta, Georgia; Boston, Massachusetts; Chicago, Illinois; Key West, Florida; Miami, Los Angeles, Naples, Nashville, Tennessee; New York, Philadelphia, Pennsylvania; Portland, Oregon; San Diego, California; San Francisco, Seattle, Stevenson, and Washington, D.C. The company was founded by Jon E. Bortz on October 2, 2009 and is headquartered in Bethesda, MD.
