Evercore ISI analyst Richard Hightower reiterated a Hold rating on Pebblebrook Hotel (NYSE:PEB) on Tuesday, setting a price target of $25, which is approximately 9.55% above the present share price of $22.82.
Hightower expects Pebblebrook Hotel to post earnings per share (EPS) of -$0.07 for the fourth quarter of 2021.
The current consensus among 6 TipRanks analysts is for a Hold rating of shares in Pebblebrook Hotel, with an average price target of $25.5.
The analysts price targets range from a high of $27 to a low of $24.
In its latest earnings report, released on 06/30/2021, the company reported a quarterly revenue of $163.31 million and a net profit of -$38.3 million. The company's market cap is $3 billion.
According to TipRanks.com, Evercore ISI analyst Richard Hightower is currently ranked with 2 stars on a 0-5 stars ranking scale, with an average return of 2.5% and a 55.00% 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.