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Research analysts at Jefferies Group increased their target price on shares of Whitbread (LON:WTB) from GBX 2,700 ($44.50) to GBX 3,600 ($59.33) in a report released on Monday, ARN reports. The firm currently has a “hold” rating on the stock. Jefferies Group’s price objective would suggest a potential downside of 8.75% from the company’s current price.

Shares of Whitbread (LON:WTB) opened at 3950.9998 on Monday. Whitbread has a 1-year low of GBX 2382.00 and a 1-year high of GBX 3995.00. The stock has a 50-day moving average of GBX 3683. and a 200-day moving average of GBX 3328.. The company’s market cap is £7.060 billion.

A number of other analysts have also recently weighed in on WTB. Analysts at Barclays reiterated an “overweight” rating on shares of Whitbread in a research note to investors on Thursday, January 9th. They now have a GBX 3,920 ($64.60) price target on the stock. Separately, analysts at Credit Suisse reiterated an “outperform” rating on shares of Whitbread in a research note to investors on Thursday, January 9th. They now have a GBX 4,100 ($67.57) price target on the stock. Finally, analysts at Nomura reiterated a “buy” rating on shares of Whitbread in a research note to investors on Tuesday, January 7th. They now have a GBX 4,023 ($66.30) price target on the stock. Four research analysts have rated the stock with a sell rating, six have given a hold rating and fourteen have assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average price target of GBX 3,393.54 ($55.93).

Whitbread PLC is engaged in the operation of a hotels and restaurants business and a coffee shop business.

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