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Pebblebrook Hotel Trust (NYSE:PEB) stock price target increased to $31.00, issued a ratings update today by Zacks Investment Research

Just yesterday Pebblebrook Hotel Trust (NYSE:PEB) traded -1.73% lower at $26.51. Pebblebrook Hotel Trust’s 50-day moving average is $27.44 and its 200-day moving average is $27.58. The last stock price is down -3.25% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 963,251 shares of PEB traded hands, down from an average trading volume of 1,124,840

Zacks Investment Research upped the price target of Pebblebrook Hotel Trust (NYSE:PEB) to $31.00 indicating a possible upside of 0.17%.

Recent Performance Chart

Pebblebrook Hotel Trust (NYSE:PEB)

Pebblebrook Hotel Trust has 52 week low of $20.51 and a 52 week high of $37.82 with a PE ratio of 15.59 and has a market capitalization of $0.

In addition to Zacks Investment Research reporting its stock price target, a total of 10 brokerages have issued a research note on the company. The average stock price target is $29.80 with 2 brokers rating the stock a strong buy, 5 brokers rating the stock a buy, 4 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally 1 analyst rating the company a sell.

General Company Details For Pebblebrook Hotel Trust (NYSE:PEB)

Pebblebrook Hotel Trust is a hotel investment company. The Company operates as a real estate investment trust (REIT). The Company is organized to acquire and invest in hotel properties located primarily in cities of the United States. The Company has interests in approximately 40 hotels, including over 30 owned hotels with a total of approximately 7,410 guest rooms, and approximately 49% joint venture interest in over six hotels with a total of approximately 1,790 guest rooms. The hotels are located in markets, including Atlanta (Buckhead), Georgia; Bethesda, Maryland; Boston, Massachusetts; Hollywood, California; Los Angeles, California; Miami, Florida; Naples, Florida; Portland, Oregon; San Diego, California; San Francisco, California; Santa Monica, California; Seattle, Washington; Stevenson, Washington, and West Hollywood, California. The Company's assets are held by, and all of the operations are conducted through, Pebblebrook Hotel, L.P. (the Operating Partnership).

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