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Pebblebrook Hotel Trust (NYSE:PEB) Given Consensus Rating of "Reduce" by Analysts
Pebblebrook Hotel Trust (NYSE:PEB) has received a consensus “Reduce” rating from analysts, with an average 12-month target price of $12.08. The company recently beat quarterly EPS and revenue estimates but reported negative return on equity and net margin, with revenue down year-over-year. Institutional investors have modified their holdings, and the company announced a quarterly dividend of $0.01 per share.