Pebblebrook Hotel Trust which can be found using ticker (PEB) have now 12 analysts in total covering the stock. The consensus rating is pointing to ‘Hold’. The target price High/Low ranges between 28 and 12 suggesting an average Analsyt target price of $16.48. Given that the stocks previous close was at $14.52 and the analysts are correct then we can expect a percentage increase in value of 13.5%. Also worth taking note is the 50 day moving average now sits at $14.36 and the 200 day MA is $15.85. The market cap for the company is $1,771m. You can visit the company’s website by visiting: https://www.pebblebrookhotels.com
The potential market cap would be $2,010m based on the market consensus.
Pebblebrook Hotel Trust (NYSE: PEB) is a publicly traded real estate investment trust (“REIT”) and the largest owner of urban and resort lifestyle hotels in the United States. The Company owns 53 hotels, totaling approximately 13,200 guestrooms across 14 urban and resort markets, with a focus on the west coast gateway cities.
The company has a dividend yield of 0.28% with the ex dividend date set at 30-3-2023 (DMY).