Analysts Offer Insights on Real Estate Companies: Pebblebrook Hotel (PEB) and Simon Property (SPG)
Companies in the Real Estate sector have received a lot of coverage today as analysts weigh in on Pebblebrook Hotel (PEB) and Simon Property (SPG).
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Pebblebrook Hotel (PEB)
Morgan Stanley analyst Stephen Grambling assigned a Sell rating to Pebblebrook Hotel today and set a price target of $14.37. The company’s shares closed last Tuesday at $14.41.
According to TipRanks.com, Grambling is a 4-star analyst with an average return of
Pebblebrook Hotel has an analyst consensus of Hold, with a price target consensus of $13.81, a -3.9% downside from current levels. In a report issued on April 27, Bank of America Securities also maintained a Sell rating on the stock with a $12.50 price target.
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Simon Property (SPG)
In a report released today, Arvind Ramnani from Truist Financial maintained a Hold rating on Simon Property. The company’s shares closed last Tuesday at $204.01.
According to TipRanks.com, Ramnani is a 1-star analyst with an average return of
Currently, the analyst consensus on Simon Property is a Moderate Buy with an average price target of $213.00, which is a 6.0% upside from current levels. In a report issued on April 27, TipRanks – xAI also downgraded the stock to Hold with a $215.00 price target.
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- Pebblebrook Hotel price target raised to $15 from $13 at BMO Capital
- Pebblebrook Hotel price target raised to $15 from $13 at Citi
- Pebblebrook Hotel price target raised to $15 from $14 at Ladenburg
- Pebblebrook Hotel Earnings Call Signals Robust Rebound
- Pebblebrook Hotel price target raised to $16.25 from $14.50 at Stifel
