Pebblebrook Hotel Trust (PEB) Stock: Do Analysts Think You Should Accumulate?

Wall Street is positive on Pebblebrook Hotel Trust (PEB). On average, analysts give PEB a Buy rating. The average price target is $25.607, which means analysts expect the stock to increase by 54.07% over the next twelve months. That average ranking earns PEB an Analyst Rating of 20, which is better than 20% of stocks based on data compiled by InvestorsObserver.

Wall Street analysts are rating PEB a Buy today. Find out what this means to you and get the rest of the rankings on PEB!

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Why are Analyst Ratings Important?

You can learn a lot about a company from looking at it’s financial statements and comparing them to other companies. Analysts who cover an industry in depth can add even more to your research though. They typically follow a particular sector or industry very closely. They also pay attention to and ask questions on earnings conference calls and other events where they might learn information that does show up in the numbers. InvestorsObserver takes the average rating from these analysts, and then percentile ranks those averages. This lets you compare stocks in a much more granular way than just seeing the typical five-tiered rating system used on most of Wall Street.

What's Happening With Pebblebrook Hotel Trust Stock Today?

Pebblebrook Hotel Trust (PEB) stock is trading at $16.62 as of 11:45 AM on Friday, Jul 1, an increase of $0.06, or 0.36% from the previous closing price of $16.56. Volume today is light. So far 826,698 shares have traded compared to average volume of 1,867,883 shares. The stock has traded between $16.57 and $17.30 so far today. Click Here to get the full Stock Report for Pebblebrook Hotel Trust stock.