Whitbread plc Rating Reiterated by Numis Securities Ltd (WTB)
Whitbread plc (LON:WTB)‘s stock had its “hold” rating reiterated by investment analysts at Numis Securities Ltd in a note issued to investors on Thursday. They currently have a GBX 4,300 ($71.36) target price on the stock. Numis Securities Ltd’s price objective suggests a potential downside of 2.93% from the company’s current price.
Whitbread plc (LON:WTB) opened at 4437.00 on Thursday. 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 4296.24 and its 200-day moving average is GBX 4226.99. The company’s market cap is £7.999 billion.
WTB has been the subject of a number of other recent research reports. Analysts at Nomura reiterated a “buy” rating on shares of Whitbread plc in a research note on Wednesday. They now have a GBX 4,770 ($79.16) price target on the stock. Separately, 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. Finally, 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. Two investment analysts have rated the stock with a sell rating, six have assigned a hold rating and eleven have assigned a buy rating to the company. The company presently has an average rating of “Hold” and a consensus target price of GBX 4,287.01 ($71.14).
Whitbread PLC is engaged in the operation of a hotels and restaurants business and a coffee shop business.
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