Whitbread plc Given “Hold” Rating at Deutsche Bank (WTB)
Whitbread plc (LON:WTB)‘s stock had its “hold” rating reaffirmed by equities research analysts at Deutsche Bank in a research note issued to investors on Thursday. They currently have a GBX 4,170 ($69.71) target price on the stock. Deutsche Bank’s price objective would suggest a potential downside of 4.23% from the company’s current price.
Whitbread plc (LON:WTB) opened at 4342.00 on Thursday. 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 4276.75 and its 200-day moving average is GBX 4194.18. The company’s market cap is £7.828 billion.
A number of other firms have also recently commented on WTB. Analysts at Credit Suisse raised their price target on shares of Whitbread plc from GBX 4,650 ($77.73) to GBX 5,000 ($83.58) in a research note on Thursday, August 7th. They now have an “outperform” rating on the stock. Separately, 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 ($81.08) price target on the stock. Finally, analysts at Barclays reiterated an “overweight” rating on shares of Whitbread plc in a research note on Thursday, July 10th. Two analysts have rated the stock with a sell rating, six have given a hold rating and eleven have assigned a buy rating to the company’s stock. The company has an average rating of “Hold” and an average price target of GBX 4,253.84 ($71.11).
Whitbread PLC is engaged in the operation of a hotels and restaurants business and a coffee shop business.
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