Zacks Investment Research downgraded Pebblebrook Hotel Trust (NYSE:PEB) to Sell in a report released today.
- Updated: October 2, 2016
Yesterday Pebblebrook Hotel Trust (NYSE:PEB) traded 2.31% higher at $25.83. The company’s 50-day moving average is $28.33 and its 200-day moving average is $27.65. The last stock close price is down -3.81% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 1,288,642 shares of the stock were exchanged, up from an average trading volume of 1,108,620
Zacks Investment Research has downgraded Pebblebrook Hotel Trust (NYSE:PEB) to Sell in a report released on 09/28/2016.
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With a total market value of $0, Pebblebrook Hotel Trust has price-earnings ratio of 15.55 with a one year low of $20.51 and a one year high of $38.88 .
A total of 10 analysts have released a research note on Pebblebrook Hotel Trust. Two equity analysts rating the company a strong buy, five equity analysts rating the company a buy, four equity analysts rating the company a hold, zero brokerages rating the company a underperform, and finally one brokerage rating the company a sell with a 12-month price target of $29.80.
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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