Whitbread plc Receives “Buy” Rating from Nomura (WTB)
Whitbread plc (LON:WTB)‘s stock had its “buy” rating reaffirmed by equities researchers at Nomura in a research report issued on Wednesday. They currently have a GBX 4,770 ($81.25) target price on the stock. Nomura’s price target would indicate a potential upside of 8.66% from the company’s previous close.
A number of other firms have also recently commented on WTB. Analysts at BNP Paribas reiterated an “outperform” rating on shares of Whitbread plc in a research note on Friday, June 27th. They now have a GBX 5,000 ($85.16) price target on the stock. Separately, 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 ($79.20) price target on the stock. Finally, analysts at Morgan Stanley raised their price target on shares of Whitbread plc from GBX 4,400 ($74.94) to GBX 4,600 ($78.35) in a research note on Wednesday, June 18th. They now have an “equal weight” rating on the stock. Two equities research analysts have rated the stock with a sell rating, six have issued a hold rating and eleven have issued a buy rating to the company. Whitbread plc presently has a consensus rating of “Hold” and a consensus target price of GBX 4,167.73 ($70.99).
Whitbread plc (LON:WTB) opened at 4398.00 on Wednesday. Whitbread plc has a one year low of GBX 2911.00 and a one year high of GBX 4990.00. The stock has a 50-day moving average of GBX 4225.47 and a 200-day moving average of GBX 4072.67. The company’s market cap is £7.929 billion.
Whitbread PLC is engaged in the operation of a hotels and restaurants business and a coffee shop business.
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