Whitbread plc’s “Buy” Rating Reaffirmed at Nomura (WTB)
Whitbread plc (LON:WTB)‘s stock had its “buy” rating reaffirmed by investment analysts at Nomura in a note issued to investors on Wednesday. They currently have a GBX 4,770 ($79.16) target price on the stock. Nomura’s target price indicates a potential upside of 8.95% from the stock’s previous close.
A number of other analysts have also recently weighed in on WTB. Analysts at Societe Generale reiterated a “buy” rating on shares of Whitbread plc in a research note on Tuesday. They now have a GBX 5,000 ($82.97) price target on the stock. Separately, analysts at Deutsche Bank raised their price target on shares of Whitbread plc from GBX 4,170 ($69.20) to GBX 4,567 ($75.79) in a research note on Friday, August 29th. They now have a “hold” rating on the stock. Finally, analysts at Barclays reiterated an “overweight” rating on shares of Whitbread plc in a research note on Tuesday, August 26th. They now have a GBX 4,850 ($80.48) price target on the stock. Two analysts have rated the stock with a sell rating, six have issued a hold rating and eleven have assigned a buy rating to the stock. The stock presently has an average rating of “Hold” and an average target price of GBX 4,287.01 ($71.14).
Shares of Whitbread plc (LON:WTB) opened at 4421.00 on Wednesday. Whitbread plc has a 1-year low of GBX 2911.00 and a 1-year high of GBX 4990.00. The stock’s 50-day moving average is GBX 4290.89 and its 200-day moving average is GBX 4224.. The company’s market cap is £7.970 billion.
Whitbread PLC is engaged in the operation of a hotels and restaurants business and a coffee shop business.
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