Whitbread’s Outperform Rating Reaffirmed at Credit Suisse (WTB)
Whitbread (LON:WTB)‘s stock had its “outperform” rating reaffirmed by analysts at Credit Suisse in a research report issued to clients and investors on Thursday, American Banking and Market News reports. They currently have a GBX 4,100 ($67.25) target price on the stock. Credit Suisse’s target price would suggest a potential upside of 6.83% from the stock’s previous close.
WTB has been the subject of a number of other recent research reports. Analysts at Nomura reiterated a “buy” rating on shares of Whitbread in a research note to investors on Tuesday. They now have a GBX 4,023 ($65.98) price target on the stock. Separately, analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Whitbread in a research note to investors on Wednesday, December 18th. They now have a GBX 3,950 ($64.79) price target on the stock. Finally, analysts at Barclays reiterated an “overweight” rating on shares of Whitbread in a research note to investors on Wednesday, December 11th. Four research analysts have rated the stock with a sell rating, six have issued a hold rating and fourteen have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus price target of GBX 3,314.29 ($54.36).
Whitbread (LON:WTB) opened at 3875.9998 on Thursday. Whitbread has a 52-week low of GBX 2382.00 and a 52-week high of GBX 3836.00. The stock’s 50-day moving average is GBX 3563. and its 200-day moving average is GBX 3278.. The company’s market cap is £6.926 billion.
Whitbread PLC is engaged in the operation of a hotels and restaurants business and a coffee shop business.
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