Whitbread Stock Rating Reaffirmed by Deutsche Bank (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 Friday, American Banking News reports. They currently have a GBX 3,350 ($53.75) price target on the stock. Deutsche Bank’s target price would suggest a potential upside of 7.58% from the company’s current price.
WTB has been the subject of a number of other recent research reports. Analysts at Citigroup Inc. upgraded shares of Whitbread from a “neutral” rating to a “buy” rating in a research note to investors on Friday. They now have a GBX 3,570 ($57.28) price target on the stock, up previously from GBX 2,900 ($46.53). Finally, analysts at Societe Generale reiterated a “sell” rating on shares of Whitbread in a research note to investors on Thursday, October 3rd. They now have a GBX 2,900 ($46.53) price target on the stock. Five analysts have rated the stock with a sell rating, six have assigned a hold rating and fourteen have issued a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average target price of GBX 3,038.32 ($48.75).
Shares of Whitbread (LON:WTB) opened at 3187.00 on Friday. 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 £5.676 billion.
Whitbread PLC is engaged in the operation of a hotels and restaurants business and a coffee shop business.
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