Whitbread plc Given New GBX 5,000 Price Target at Credit Suisse (WTB)
Equities researchers at Credit Suisse increased their target price on shares of Whitbread plc (LON:WTB) from GBX 4,650 ($78.24) to GBX 5,000 ($84.13) in a research report issued on Thursday. The firm currently has an “outperform” rating on the stock. Credit Suisse’s price objective indicates a potential upside of 20.86% from the company’s current price.
Whitbread plc (LON:WTB) traded down 0.24% on Thursday, hitting GBX 4127.00. 518,884 shares of the company’s stock traded hands. Whitbread plc has a 52 week low of GBX 2911.00 and a 52 week high of GBX 4990.00. The stock’s 50-day moving average is GBX 4302.04 and its 200-day moving average is GBX 4165.70. The company’s market cap is £7.440 billion.
WTB has been the subject of a number of other recent research reports. Analysts at Barclays reiterated an “overweight” rating on shares of Whitbread plc in a research note on Tuesday, July 22nd. They now have a GBX 4,850 ($81.61) price target on the stock. Finally, analysts at Galvan Research reiterated a “buy” rating on shares of Whitbread plc in a research note on Wednesday, July 9th. They now have a GBX 4,500 ($75.72) price target on the stock. Two research analysts have rated the stock with a sell rating, six have given a hold rating and eleven have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus price target of GBX 4,253.84 ($71.58).
Whitbread PLC is engaged in the operation of a hotels and restaurants business and a coffee shop business.
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