Whitbread plc Rating Reiterated by Societe Generale (WTB)
Whitbread plc (LON:WTB)‘s stock had its “buy” rating reiterated by investment analysts at Societe Generale in a note issued to investors on Friday. They currently have a GBX 4,800 ($80.79) target price on the stock. Societe Generale’s price objective points to a potential upside of 16.00% from the stock’s previous close.
Shares of Whitbread plc (LON:WTB) opened at 4204.00 on Friday. Whitbread plc has a 52-week low of GBX 2810.00 and a 52-week high of GBX 4990.00. The stock’s 50-day moving average is GBX 4067. and its 200-day moving average is GBX 3932.. The company’s market cap is £7.579 billion.
The company also recently declared a dividend, which is scheduled for Friday, July 4th. Investors 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.
WTB has been the subject of a number of other recent research reports. Analysts at Raymond James reiterated an “outperform” rating on shares of Whitbread plc in a research note on Wednesday, May 21st. They now have a GBX 3,900 ($65.65) price target on the stock. Separately, analysts at Jefferies Group reiterated a “hold” rating on shares of Whitbread plc in a research note on Friday, May 2nd. They now have a GBX 3,900 ($65.65) price target on the stock. Finally, analysts at Morgan Stanley raised their price target on shares of Whitbread plc from GBX 4,300 ($72.38) to GBX 4,400 ($74.06) in a research note on Wednesday, April 30th. They now have an “equal weight” rating on the stock. Three equities research analysts have rated the stock with a sell rating, six have given a hold rating and twelve have given a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus price target of GBX 3,857.33 ($64.93).
Whitbread PLC is engaged in the operation of a hotels and restaurants business and a coffee shop business.
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