Pebblebrook Hotel Trust Earnings Continue Falling as Hotels Exit the Portfolio
Pebblebrook Hotel Trust (NYSE: PEB) closed the sale of another hotel during the quarter bringing its total to nine hotels since beginning its strategic disposition plan. However, with fewer hotels generating revenue, it's causing the company's financial results to decline, which was the case again during the second quarter.
Metric
Q2 2017
Source: Fool.com
Pebblebrook Hotel Trust Stock
€13.10
-2.240%
With 6 Sell predictions and only 1 Buy predictions the community sentiment for Pebblebrook Hotel Trust is rather negative.
A potential of -23.66%, resulting from comparing the current price of 13.1 € with the target price of 10 € for Pebblebrook Hotel Trust, shows the chance of incurring significant losses.
