Pebblebrook Hotel Gets a Hold Rating from Robert W. Baird

By Carrie Williams

Robert W. Baird analyst Michael Bellisario reiterated a Hold rating on Pebblebrook Hotel (NYSE: PEB) today and set a price target of $38. The company’s shares closed yesterday at $38.04, close to its 52-week high of $38.96.

According to, Bellisario is a 4-star analyst with an average return of 15.6% and a 88.9% success rate. Bellisario covers the Financial sector, focusing on stocks such as Condor Hospitality Trust Inc, Ashford Hospitality Trust, and Ashford Hospitality Prime.

Pebblebrook Hotel has an analyst consensus of Moderate Buy, with a price target consensus of $37.90.

Based on Pebblebrook Hotel’s latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $203 million and quarterly net profit of $30.34 million. In comparison, last year the company earned revenue of $199 million and had a net profit of $18.24 million.

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Pebblebrook Hotel Trust operates as a real estate investment trust. It invests in, manages, and operates hotels and resorts. The company was founded by Jon E. Bortz on October 2, 2009 and is headquartered in Bethesda, MD.