Truist Securities Reiterates Buy Rating on Pebblebrook Hotel Trust
Truist Securities reaffirms its Buy rating for Pebblebrook Hotel Trust, setting a price target of $22, a 13.34% upside from the current price.
Key Points
- Truist Securities reiterated its Buy rating on Pebblebrook Hotel Trust, setting a price target of $22.
- Truist Securities's $22 price target implies 13.34% upside from Pebblebrook Hotel Trust's ($PEB) current $19.41 share price.
- Pebblebrook Hotel Trust traded at $19.06 on Monday, with a market cap of about $2.16 billion.
- Recent insider buying includes CEO Jon Bortz acquiring 100,000 shares in June 2026.
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Truist Securities reiterated its Buy rating on Pebblebrook Hotel Trust (NYSE:PEB) on June 29, 2026, maintaining a price target of $22. This reaffirmation comes as shares of Pebblebrook traded at $19.06 on Monday.
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Pebblebrook Hotel Trust Stock Up 5.0%
Shares of NYSE:PEB traded near $19.06 on Monday. Pebblebrook Hotel Trust, a real estate investment trust, boasts a market cap of approximately $2.16 billion. The company, which operates urban and resort lifestyle hotels, has a forward P/E ratio that's not meaningful due to its lack of profitability, and a beta of 1.448. Over the past year, the stock has ranged from a low of $9.30 to a high of $19.60, with a 50-day moving average of $15.67 and a 200-day moving average of $12.72.
$PEB price target
Past daily closes and this analyst's 12-month price target. Not investment advice.
Recent Earnings
For the recent period, Pebblebrook Hotel Trust reported revenue of about $1.5 billion, reflecting a growth rate of 7.9%. However, the company is not currently profitable, with a net margin of -3.47% and a return on equity of -1.84%. The next earnings report is expected on July 29, 2026.
Insider Buying and Selling at Pebblebrook Hotel Trust
Pebblebrook's Chairman and CEO, Jon Bortz, has been actively buying shares throughout June 2026. On June 8, he purchased 20,000 shares at $16.84, followed by similar transactions on June 9, 10, 11, and 12, at prices ranging from $17.09 to $18.18, totaling 100,000 shares.
Analysts Set New Price Targets
On June 29, 2026, Truist Securities maintained its Buy rating on Pebblebrook Hotel Trust with a price target of $22. Other analysts have mixed views, with Stifel also rating it a Buy with a $20.25 target on June 18, while Barclays maintained a Sell rating with a $13 target on June 1. The consensus among 15 analysts leans towards a Hold, with a mean target price of $16.35.
About Pebblebrook Hotel Trust
Pebblebrook Hotel Trust is a major player in the real estate sector, focusing on owning and operating hotels. Based in Bethesda, Maryland, the company is led by CEO Jon E. Bortz. It owns 43 hotels across various urban and resort markets in the U.S., offering a total of around 10,900 guest rooms.
Bottom Line
Truist Securities' reiteration of a Buy rating on Pebblebrook Hotel Trust underscores continued confidence in the company's prospects. Investors often monitor such analyst ratings as part of their due diligence. It's important to remember that these ratings are based on past data and market conditions at the time of the report.
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