Analysts Offer Insights on Real Estate Companies: Summit Hotel Properties (INN) and Pebblebrook Hotel (PEB)
Analysts are pulling back from the Real Estate sector as 2 experts expressed today bearish sentiments on Summit Hotel Properties (INN – Research Report) and Pebblebrook Hotel (PEB – Research Report).
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Summit Hotel Properties (INN)
In a report released today, Dany Asad from Bank of America Securities maintained a Sell rating on Summit Hotel Properties. The company’s shares closed last Wednesday at $4.68.
Asad has an average return of
According to TipRanks.com, Asad is ranked #3514 out of 12134 analysts.
Currently, the analyst consensus on Summit Hotel Properties is a Hold with an average price target of $5.50.
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Pebblebrook Hotel (PEB)
In a report released today, Shaun Kelley from Bank of America Securities maintained a Sell rating on Pebblebrook Hotel. The company’s shares closed last Wednesday at $12.89.
According to TipRanks.com, Kelley is a 3-star analyst with an average return of
Currently, the analyst consensus on Pebblebrook Hotel is a Hold with an average price target of $12.46, representing a -3.7% downside. In a report issued on February 26, Morgan Stanley also maintained a Sell rating on the stock with a $9.00 price target.
