Deutsche Bank Reiterates “Buy” Rating for Whitbread (WTB)
Whitbread (LON:WTB)‘s stock had its “buy” rating reiterated by equities research analysts at Deutsche Bank in a research note issued to investors on Tuesday, American Banking and Market News reports. They currently have a GBX 3,350 ($52.38) price objective on the stock. Deutsche Bank’s target price would suggest a potential upside of 4.17% from the company’s current price.
Other equities research analysts have also recently issued reports about the stock. Analysts at Numis Securities Ltd reiterated a “hold” rating on shares of Whitbread (LON:WTB) in a research note to investors on Tuesday. They now have a GBX 3,100 ($48.47) price target on the stock, up previously from GBX 2,900 ($45.34). Separately, analysts at Morgan Stanley reiterated an “equal weight” rating on shares of Whitbread (LON:WTB) in a research note to investors on Friday. They now have a GBX 2,900 ($45.34) price target on the stock. Finally, analysts at Panmure Gordon reiterated a “sell” rating on shares of Whitbread (LON:WTB) in a research note to investors on Friday. They now have a GBX 2,644 ($41.34) price target on the stock.
Four equities research analysts have rated the stock with a sell rating, six have issued a hold rating and fourteen have issued a buy rating to the company. Whitbread currently has a consensus rating of “Hold” and an average price target of GBX 2,989.87 ($46.75).
Whitbread (LON:WTB) opened at 3130.00 on Tuesday. Whitbread has a 52 week low of GBX 2232.00 and a 52 week high of GBX 3311.00. The stock’s 50-day moving average is GBX 3158.11 and its 200-day moving average is GBX 2847.. The company’s market cap is £5.575 billion.
Whitbread PLC is engaged in the operation of a hotels and restaurants business and a coffee shop business.
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