Pebblebrook Hotel Trust with ticker code (PEB) now have 14 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The range between the high target price and low target price is between 33 and 24 and has a mean target at 26.64. Given that the stocks previous close was at 24.11 this indicates there is a potential upside of 10.5%. The day 50 moving average is 23.59 and the 200 moving average now moves to 22.71. The market capitalisation for the company is $3,045m. Company Website: https://www.pebblebrookhotels.com
The potential market cap would be $3,365m based on the market concensus.
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.