Citigroup Inc. Reiterates Neutral Rating for Whitbread (WTB)
Whitbread (LON:WTB)‘s stock had its “neutral” rating reiterated by investment analysts at Citigroup Inc. in a note issued to investors on Monday, Analyst Ratings Net reports. They currently have a GBX 2,900 ($46.53) price objective on the stock. Citigroup Inc.’s target price suggests a potential downside of 2.09% from the stock’s previous close.
Whitbread (LON:WTB) traded up 0.24% during mid-day trading on Monday, hitting GBX 2969.00. 178,410 shares of the company’s stock traded hands. Whitbread has a 52-week low of GBX 2243.00 and a 52-week 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 £5.288 billion.
A number of other firms have also recently commented on WTB. Analysts at Societe Generale reiterated a “sell” rating on shares of Whitbread in a research note to investors on Thursday. They now have a GBX 2,900 ($46.53) price target on the stock. Separately, analysts at Raymond James reiterated an “outperform” rating on shares of Whitbread in a research note to investors on Friday, September 27th. They now have a GBX 3,100 ($49.74) price target on the stock. Finally, analysts at AlphaValue reiterated a “reduce” rating on shares of Whitbread in a research note to investors on Thursday, September 26th. They now have a GBX 2,975 ($47.73) price target on the stock. Five investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and thirteen have given a buy rating to the stock. Whitbread has an average rating of “Hold” and a consensus price target of GBX 3,004.82 ($48.21).
Whitbread PLC is engaged in the operation of a hotels and restaurants business and a coffee shop business.
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