Whitbread plc Given “Overweight” Rating at Barclays (WTB)
Whitbread plc (LON:WTB)‘s stock had its “overweight” rating restated by investment analysts at Barclays in a note issued to investors on Tuesday. They currently have a GBX 4,850 ($80.26) price target on the stock. Barclays’ price objective points to a potential upside of 10.91% from the stock’s previous close.
A number of other firms have also recently commented on WTB. Analysts at Deutsche Bank reiterated a “hold” rating on shares of Whitbread plc in a research note on Thursday, August 21st. They now have a GBX 4,170 ($69.01) price target on the stock. Separately, analysts at Credit Suisse raised their price target on shares of Whitbread plc from GBX 4,650 ($76.95) to GBX 5,000 ($82.74) in a research note on Thursday, August 7th. They now have an “outperform” rating 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 ($74.47) 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 given a buy rating to the stock. The stock currently has an average rating of “Hold” and an average price target of GBX 4,253.84 ($70.39).
Shares of Whitbread plc (LON:WTB) traded up 0.02% on Tuesday, hitting GBX 4374.00. The stock had a trading volume of 121,894 shares. 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 4270.52 and a 200-day moving average of GBX 4207.. The company’s market cap is £7.886 billion.
Whitbread PLC is engaged in the operation of a hotels and restaurants business and a coffee shop business.
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