Whitbread plc Receives Overweight Rating from JPMorgan Chase & Co. (WTB)
Whitbread plc (LON:WTB)‘s stock had its “overweight” rating reaffirmed by analysts at JPMorgan Chase & Co. in a research report issued to clients and investors on Wednesday. They currently have a GBX 4,600 ($78.09) target price on the stock. JPMorgan Chase & Co.’s target price indicates a potential upside of 8.01% from the company’s current price.
Other equities research analysts have also recently issued reports about the stock. Analysts at Beaufort Securities reiterated a “buy” rating on shares of Whitbread plc in a research note on Wednesday. Separately, analysts at Societe Generale reiterated a “buy” rating on shares of Whitbread plc in a research note on Tuesday. They now have a GBX 4,800 ($81.48) price target on the stock. Finally, analysts at Numis Securities Ltd reiterated a “hold” rating on shares of Whitbread plc in a research note on Tuesday. They now have a GBX 4,300 ($72.99) price target on the stock. Two research analysts have rated the stock with a sell rating, seven have given a hold rating and twelve have given a buy rating to the company. The company has an average rating of “Hold” and a consensus target price of GBX 4,090.48 ($69.44).
Whitbread plc (LON:WTB) traded down 0.33% during mid-day trading on Wednesday, hitting GBX 4245.00. The stock had a trading volume of 525,254 shares. Whitbread plc has a 1-year low of GBX 2865.00 and a 1-year high of GBX 4990.00. The stock has a 50-day moving average of GBX 4147.29 and a 200-day moving average of GBX 4010.16. The company’s market cap is £7.653 billion.
Whitbread PLC is engaged in the operation of a hotels and restaurants business and a coffee shop business.
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