BMO Capital analyst Ari Klein maintained a Hold rating on Pebblebrook Hotel (NYSE:PEB) on Friday, setting a price target of $27, which is approximately 12.36% above the present share price of $24.03.
Klein expects Pebblebrook Hotel to post earnings per share (EPS) of $0.00 for the second quarter of 2021.
The current consensus among 7 TipRanks analysts is for a Moderate Buy rating of shares in Pebblebrook Hotel, with an average price target of $24.83.
The analysts price targets range from a high of $27 to a low of $21.
In its latest earnings report, released on 12/31/2020, the company reported a quarterly revenue of $74.21 million and a net profit of -$85.47 million. The company's market cap is $3.16 billion.
According to TipRanks.com, BMO Capital analyst Ari Klein is currently ranked with 3 stars on a 0-5 stars ranking scale, with an average return of 5.9% and a 62.50% 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.