Whitbread PT Raised to GBX 4,500 (WTB)
Stock analysts at JPMorgan Chase & Co. upped their target price on shares of Whitbread (LON:WTB) from GBX 3,950 ($64.84) to GBX 4,500 ($73.87) in a report issued on Friday, AnalystRatings.NET reports. The firm currently has an “overweight” rating on the stock. JPMorgan Chase & Co.’s target price would indicate a potential upside of 17.68% from the stock’s previous close.
Shares of Whitbread (LON:WTB) traded down 2.20% during mid-day trading on Friday, hitting GBX 3824.0002. 697,589 shares of the company’s stock traded hands. Whitbread has a 52 week low of GBX 2382.00 and a 52 week high of GBX 3995.00. The stock has a 50-day moving average of GBX 3732.91 and a 200-day moving average of GBX 3355.16. The company’s market cap is £6.833 billion.
A number of other firms have also recently commented on WTB. Analysts at Citigroup Inc. downgraded shares of Whitbread to a “neutral” rating in a research note to investors on Friday. They now have a GBX 4,280 ($70.26) price target on the stock, up previously from GBX 4,000 ($65.66). Separately, analysts at Barclays raised their price target on shares of Whitbread from GBX 3,920 ($64.35) to GBX 4,235 ($69.52) in a research note to investors on Wednesday. They now have an “overweight” rating on the stock. Finally, analysts at Jefferies Group raised their price target on shares of Whitbread from GBX 2,700 ($44.32) to GBX 3,600 ($59.09) in a research note to investors on Monday, January 13th. They now have a “hold” rating on the stock. Four research analysts have rated the stock with a sell rating, seven have assigned a hold rating and thirteen have issued a buy rating to the company’s stock. Whitbread presently has a consensus rating of “Hold” and an average target price of GBX 3,453.80 ($56.69).
Whitbread PLC is engaged in the operation of a hotels and restaurants business and a coffee shop business.
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