Whitbread plc Given Buy Rating at Beaufort Securities (WTB)
Whitbread plc (LON:WTB)‘s stock had its “buy” rating restated by equities research analysts at Beaufort Securities in a research note issued to investors on Wednesday, Analyst Ratings Net reports.
Whitbread plc (LON:WTB) traded up 0.02% during mid-day trading on Wednesday, hitting GBX 4070.00. 568,889 shares of the company’s stock traded hands. Whitbread plc has a 52-week low of GBX 2636.6001 and a 52-week high of GBX 4990.00. The stock has a 50-day moving average of GBX 4131. and a 200-day moving average of GBX 3835.82. The company’s market cap is £7.273 billion.
The company also recently declared a dividend, which is scheduled for Friday, July 4th. Stockholders of record on Wednesday, May 28th will be given a dividend of GBX 47 ($0.79) per share. This represents a yield of 1.15%. The ex-dividend date of this dividend is Wednesday, May 28th.
A number of other firms have also recently commented on WTB. Analysts at Societe Generale reiterated a “sell” rating on shares of Whitbread plc in a research note on Tuesday. They now have a GBX 2,900 ($48.72) price target on the stock. Separately, analysts at Nomura reiterated a “buy” rating on shares of Whitbread plc in a research note on Friday, April 25th. They now have a GBX 4,770 ($80.14) price target on the stock. Finally, analysts at Deutsche Bank reiterated a “hold” rating on shares of Whitbread plc in a research note on Thursday, April 24th. They now have a GBX 4,090 ($68.72) price target on the stock. Four research analysts have rated the stock with a sell rating, seven have issued a hold rating and eleven have issued a buy rating to the stock. Whitbread plc currently has an average rating of “Hold” and an average price target of GBX 3,733.96 ($62.73).
Whitbread PLC is engaged in the operation of a hotels and restaurants business and a coffee shop business.
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