In a report released on October 27, Simon Yarmak from Stifel Nicolaus maintained a Hold rating on Pebblebrook Hotel (PEB – Research Report), with a price target of $13.75. The company’s shares closed last Friday at $11.67.
According to TipRanks, Yarmak is a 5-star analyst with an average return of 7.0% and a 48.15% success rate. Yarmak covers the Real Estate sector, focusing on stocks such as Kimco Realty, Agree Realty, and Hersha Hospitality.
In addition to Stifel Nicolaus, Pebblebrook Hotel also received a Hold from BMO Capital’s Ari Klein in a report issued on October 27. However, on the same day, Morgan Stanley maintained a Sell rating on Pebblebrook Hotel (NYSE: PEB).
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The company has a one-year high of $17.34 and a one-year low of $11.59. Currently, Pebblebrook Hotel has an average volume of 1.8M.
Based on the recent corporate insider activity of 25 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of PEB in relation to earlier this year.
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Pebblebrook Hotel (PEB) Company Description:
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.
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