Whitbread Receives Buy Rating from Nomura (WTB)
Whitbread (LON:WTB)‘s stock had its “buy” rating reaffirmed by research analysts at Nomura in a report released on Tuesday, ARN reports. They currently have a GBX 4,023 ($65.98) price objective on the stock. Nomura’s price objective would indicate a potential upside of 3.69% from the company’s current price.
WTB has been the subject of a number of other recent research reports. 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. Separately, analysts at Credit Suisse raised their price target on shares of Whitbread from GBX 3,900 ($63.97) to GBX 4,100 ($67.25) in a research note to investors on Friday, December 13th. They now have an “outperform” rating 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 analysts have rated the stock with a sell rating, six have issued a hold rating and fourteen have given a buy rating to the company. The company currently has a consensus rating of “Hold” and an average target price of GBX 3,346.17 ($54.88).
Shares of Whitbread (LON:WTB) opened at 3880.00 on Tuesday. Whitbread has a 52-week low of GBX 2382.00 and a 52-week high of GBX 3905.00. The stock’s 50-day moving average is GBX 3623.86 and its 200-day moving average is GBX 3296.35. The company’s market cap is £6.934 billion.
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.