Whitbread plc’s Buy Rating Reaffirmed at Beaufort Securities (WTB)
Shares of Whitbread plc (LON:WTB) traded down 0.33% during mid-day trading on Wednesday, hitting GBX 4245.00. 525,786 shares of the company’s stock traded hands. Whitbread plc has a one year low of GBX 2865.00 and a one year high of GBX 4990.00. The stock’s 50-day moving average is GBX 4152. and its 200-day moving average is GBX 4014.90. The company’s market cap is £7.653 billion.
A number of other analysts have also recently weighed in on WTB. 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. Separately, 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. Finally, analysts at Investec upgraded shares of Whitbread plc to a “hold” rating in a research note on Tuesday. They now have a GBX 4,100 ($69.60) price target on the stock, up previously from GBX 2,000 ($33.95). Two investment 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 stock has a consensus rating of “Hold” and a consensus target price of GBX 4,090.48 ($69.44).
Whitbread PLC is engaged in the operation of a hotels and restaurants business and a coffee shop business.
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