Whitbread Now Covered by Societe Generale (WTB)
Investment analysts at Societe Generale assumed coverage on shares of Whitbread (LON:WTB) in a note issued to investors on Thursday, Analyst Ratings.Net reports. The firm set a “sell” rating and a GBX 2,900 ($46.05) price target on the stock. Societe Generale’s price objective would suggest a potential downside of 3.72% from the stock’s previous close.
Shares of Whitbread (LON:WTB) opened at 3040.00 on Thursday. Whitbread has a 52-week low of GBX 2243.00 and a 52-week high of GBX 3311.00. The stock’s 50-day moving average is GBX 3148.57 and its 200-day moving average is GBX 2874.82. The company’s market cap is £5.414 billion.
Other equities research analysts have also recently issued reports about the stock. Analysts at Beaufort Securities reiterated a “buy” rating on shares of Whitbread (LON:WTB) in a research note to investors on Wednesday, September 11th. Separately, 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, September 11th. They now have a GBX 3,250 ($51.60) price target on the stock, down previously from GBX 3,400 ($53.99). Finally, analysts at Deutsche Bank raised their price target on shares of Whitbread (LON:WTB) from GBX 3,325 ($52.79) to GBX 3,350 ($53.19) in a research note to investors on Tuesday, September 10th. They now have a “buy” rating on the stock.
Five analysts have rated the stock with a sell rating, seven have assigned a hold rating and thirteen have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus price target of GBX 2,977.87 ($47.28).
Whitbread PLC is engaged in the operation of a hotels and restaurants business and a coffee shop business.
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