Deutsche Bank Boosts Whitbread plc Price Target to GBX 4,567 (WTB)
Research analysts at Deutsche Bank boosted their target price on shares of Whitbread plc (LON:WTB) from GBX 4,170 ($69.01) to GBX 4,567 ($75.58) in a report released on Friday. The firm currently has a “hold” rating on the stock. Deutsche Bank’s price target suggests a potential upside of 4.06% from the company’s current price.
Several other analysts have also recently commented on the stock. Analysts at Barclays reiterated an “overweight” rating on shares of Whitbread plc in a research note on Tuesday. They now have a GBX 4,850 ($80.26) 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. Two analysts have rated the stock with a sell rating, six have assigned a hold rating and eleven have issued a buy rating to the company. Whitbread plc presently has an average rating of “Hold” and an average price target of GBX 4,275.90 ($70.76).
Shares of Whitbread plc (LON:WTB) traded down 0.50% on Friday, hitting GBX 4367.00. The stock had a trading volume of 120,537 shares. 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 4277. and its 200-day moving average is GBX 4215.99. The company’s market cap is £7.873 billion.
Whitbread PLC is engaged in the operation of a hotels and restaurants business and a coffee shop business.
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