Whitbread Rating Reiterated by Beaufort Securities (WTB)
Whitbread (LON:WTB)‘s stock had its “buy” rating reaffirmed by stock analysts at Beaufort Securities in a report issued on Wednesday, Analyst Ratings.Net reports.
Shares of Whitbread (LON:WTB) opened at 3076.00 on Wednesday. Whitbread has a 1-year low of GBX 2232.00 and a 1-year high of GBX 3311.00. The stock’s 50-day moving average is GBX 3157.57 and its 200-day moving average is GBX 2850.89. The company’s market cap is £5.478 billion.
A number of other firms have also recently commented on WTB. Analysts at JPMorgan Chase & Co. downgraded shares of Whitbread (LON:WTB) from an “overweight” rating to a “neutral” rating in a research note to investors on Wednesday. They now have a GBX 3,250 ($50.81) price target on the stock, down previously from GBX 3,400 ($53.16). Separately, analysts at Deutsche Bank raised their price target on shares of Whitbread (LON:WTB) from GBX 3,325 ($51.99) to GBX 3,350 ($52.38) in a research note to investors on Tuesday. They now have a “buy” rating on the stock. Finally, 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).
Four investment analysts have rated the stock with a sell rating, seven have given a hold rating and thirteen have given a buy rating to the stock. The company currently has an average rating of “Hold” and an average target price of GBX 2,981.97 ($46.62).
Whitbread PLC is engaged in the operation of a hotels and restaurants business and a coffee shop business.
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