Whitbread plc Given Outperform Rating at BNP Paribas (WTB)
Whitbread plc (LON:WTB)‘s stock had its “outperform” rating restated by BNP Paribas in a research note issued on Friday. They currently have a GBX 5,000 ($85.09) price target on the stock. BNP Paribas’ target price points to a potential upside of 14.26% from the company’s current price.
Other equities research analysts have also recently issued reports about the stock. Analysts at Credit Suisse reiterated an “outperform” rating on shares of Whitbread plc in a research note on Thursday, June 19th. They now have a GBX 4,650 ($79.14) price target on the stock. Separately, analysts at Morgan Stanley raised their price target on shares of Whitbread plc from GBX 4,400 ($74.88) to GBX 4,600 ($78.28) in a research note on Wednesday, June 18th. They now have an “equal weight” rating on the stock. Finally, analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Whitbread plc in a research note on Wednesday, June 18th. They now have a GBX 4,600 ($78.28) price target on the stock. Two research analysts have rated the stock with a sell rating, six have assigned a hold rating and eleven have issued a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average price target of GBX 4,167.73 ($70.93).
Whitbread plc (LON:WTB) traded up 0.21% on Friday, hitting GBX 4376.00. The stock had a trading volume of 215,636 shares. Whitbread plc has a one year low of GBX 2911.00 and a one year high of GBX 4990.00. The stock’s 50-day moving average is GBX 4207.68 and its 200-day moving average is GBX 4048.56. The company’s market cap is £7.889 billion.
Whitbread PLC is engaged in the operation of a hotels and restaurants business and a coffee shop business.
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