Whitbread Given Sell Rating at Societe Generale (WTB)
Whitbread (LON:WTB)‘s stock had its “sell” rating reaffirmed by stock analysts at Societe Generale in a report issued on Thursday, Stock Ratings Network reports. They currently have a GBX 2,900 ($46.79) price target on the stock. Societe Generale’s price objective would suggest a potential downside of 1.93% from the company’s current price.
Shares of Whitbread (LON:WTB) traded up 1.15% during mid-day trading on Thursday, hitting GBX 2991.00. 239,615 shares of the company’s stock traded hands. Whitbread has a 1-year low of GBX 2243.00 and a 1-year high of GBX 3311.00. The stock has a 50-day moving average of GBX 3138. and a 200-day moving average of GBX 2876.83. The company’s market cap is £5.327 billion.
A number of other firms have also recently commented on WTB. Analysts at Raymond James reiterated an “outperform” rating on shares of Whitbread (LON:WTB) in a research note to investors on Friday, September 27th. They now have a GBX 3,100 ($50.02) price target on the stock. Separately, analysts at AlphaValue reiterated a “reduce” rating on shares of Whitbread (LON:WTB) in a research note to investors on Thursday, September 26th. They now have a GBX 2,975 ($48.00) price target on the stock. Finally, analysts at Beaufort Securities reiterated a “buy” rating on shares of Whitbread (LON:WTB) in a research note to investors on Wednesday, September 11th. Five research analysts have rated the stock with a sell rating, seven have assigned a hold rating and thirteen have assigned a buy rating to the stock. The company currently has an average rating of “Hold” and an average target price of GBX 3,004.82 ($48.48).
Whitbread PLC is engaged in the operation of a hotels and restaurants business and a coffee shop business.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.