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Analysts’ Opinions Are Mixed on These Real Estate Stocks: Pebblebrook Hotel (PEB), Highwoods Properties (HIW) and Equity Residential (EQR)

Analysts have been eager to weigh in on the Real Estate sector with new ratings on Pebblebrook Hotel (PEBResearch Report), Highwoods Properties (HIWResearch Report) and Equity Residential (EQRResearch Report).

Pebblebrook Hotel (PEB)

Truist Financial analyst Gregory J Miller maintained a Hold rating on Pebblebrook Hotel today. The company’s shares closed last Tuesday at $15.45.

According to TipRanks.com, Miller is ranked #470 out of 8794 analysts.

Pebblebrook Hotel has an analyst consensus of Hold, with a price target consensus of $15.92, which is a 5.6% upside from current levels. In a report issued on April 17, Barclays also maintained a Hold rating on the stock with a $16.00 price target.

See the top stocks recommended by analysts >>

Highwoods Properties (HIW)

Truist Financial analyst Michael Lewis assigned a Buy rating to Highwoods Properties today. The company’s shares closed last Tuesday at $25.40, close to its 52-week high of $26.27.

According to TipRanks.com, Lewis is a 4-star analyst with an average return of 6.8% and a 58.3% success rate. Lewis covers the NA sector, focusing on stocks such as Easterly Government Properties, National Health Investors, and COPT Defense Properties.

The word on The Street in general, suggests a Hold analyst consensus rating for Highwoods Properties with a $24.25 average price target.

Equity Residential (EQR)

In a report released today, Alexander Goldfarb from Piper Sandler maintained a Hold rating on Equity Residential, with a price target of $62.00. The company’s shares closed last Tuesday at $63.09.

According to TipRanks.com, Goldfarb is a 3-star analyst with an average return of 1.4% and a 51.9% success rate. Goldfarb covers the NA sector, focusing on stocks such as Innovative Industrial Properties, Hudson Pacific Properties, and Howard Hughes Holdings.

Equity Residential has an analyst consensus of Moderate Buy, with a price target consensus of $65.50, implying a 4.8% upside from current levels. In a report released today, Barclays also assigned a Hold rating to the stock with a $67.00 price target.

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