In recent trading, shares of Pebblebrook Hotel Trust (PEB) have surpassed the average analyst 12-month target price of $24.75, currently trading at $24.91 per share. This upward movement may lead analysts to either downgrade their valuation or adjust their target prices based on the company’s performance. The average target is based on contributions from eight analysts, with individual targets ranging from $22.00 to $27.00 and a standard deviation of $1.488.
As for analyst recommendations, Pebblebrook currently has one strong buy, one buy, and five hold ratings. No analysts rate it as a sell or strong sell. The overall average rating stands at 2.57, indicating a cautious outlook. Investors are encouraged to assess whether the stock’s value will continue to rise beyond the average target or if it has reached a threshold where taking profits is advisable.
