BMO Capital analyst Ari Klein maintained a Hold rating on Pebblebrook Hotel (NYSE:PEB) on Wednesday, setting a price target of $10, which is approximately 22.66% below the present share price of $12.93.
Klein expects Pebblebrook Hotel to post earnings per share (EPS) of $0.26 for the third quarter of 2020.
The current consensus among 9 TipRanks analysts is for a Hold rating of shares in Pebblebrook Hotel, with an average price target of $14.17.
The analysts price targets range from a high of $19 to a low of $8.5.
In its latest earnings report, released on 03/31/2020, the company reported a quarterly revenue of $269.11 million and a net profit of -$41.99 million. The company's market cap is $1.79 billion.
According to TipRanks.com, BMO Capital analyst Ari Klein is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 11.2% and a 65.38% success rate.
Pebblebrook Hotel Trust is a real estate investment trust, which engages in the investments and acquisition in hotel properties. Its hotels are located in the markets like: Atlanta, Georgia; Boston, Massachusetts; Chicago, Illinois; Key West, Florida; Miami, Los Angeles, Naples, Nashville, Tennessee; New York, Philadelphia, Pennsylvania; Portland, Oregon; San Diego, California; San Francisco, Seattle, Stevenson, and Washington, D.C. The company was founded by Jon E. Bortz on October 2, 2009 and is headquartered in Bethesda, MD.