Pebblebrook Hotel Trust (PEB) shares rose to $15.42, surpassing the average analyst 12-month target price of $15.40. This adjustment prompts analysts to either downgrade their valuation or raise their target prices based on recent business developments.
There are 10 analysts contributing to the PEB target average, with estimates ranging from $13.00 to $17.50, resulting in a standard deviation of $1.486. Currently, the breakdown of analyst ratings shows 11 holds, 1 sell, 1 strong sell, and an average rating of 3.18 (1 being Strong Buy and 5 being Strong Sell).
