Whitbread plc (LON:WTB)‘s stock had its “underweight” rating reissued by investment analysts at Barclays PLC in a research report issued to clients and investors on Thursday. They currently have a GBX 3,220 ($42.03) target price on the stock. Barclays PLC’s target price suggests a potential downside of 19.56% from the company’s previous close.

Other research analysts also recently issued reports about the stock. Berenberg Bank reissued a “buy” rating and set a GBX 5,000 ($65.27) price target on shares of Whitbread plc in a research note on Wednesday, August 10th. Deutsche Bank AG reissued a “buy” rating and set a GBX 4,665 ($60.89) price target on shares of Whitbread plc in a research note on Thursday, July 14th. Beaufort Securities reissued a “buy” rating on shares of Whitbread plc in a research note on Wednesday, June 22nd. HSBC began coverage on shares of Whitbread plc in a research note on Monday. They set a “buy” rating and a GBX 4,800 ($62.66) price target on the stock. Finally, Kepler Capital Markets cut their target price on shares of Whitbread plc from GBX 4,200 ($54.82) to GBX 3,500 ($45.69) and set a “hold” rating on the stock in a report on Wednesday, July 6th. One investment analyst has rated the stock with a sell rating, ten have given a hold rating and twelve have given a buy rating to the company. The stock has an average rating of “Hold” and an average target price of GBX 4,510.79 ($58.88).

Analyst Recommendations for Whitbread plc (LON:WTB)

Whitbread plc (LON:WTB) opened at 3994.00 on Thursday. The firm’s market cap is GBX 7.26 billion. Whitbread plc has a 12-month low of GBX 3,283.00 and a 12-month high of GBX 4,968.00. The firm’s 50-day moving average is GBX 4,060.86 and its 200 day moving average is GBX 3,924.78.

This story is the sole property of American Banking News and it was originally published by American Banking News. If you are reading this story on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. The original version of this article is available at http://www.americanbankingnews.com/2016/09/22/barclays-plc-reaffirms-underweight-rating-for-whitbread-plc-wtb.html

In other news, insider Cadbury ,Nicholas sold 12,138 shares of Whitbread plc stock in a transaction dated Friday, July 1st. The stock was sold at an average price of GBX 3,501 ($45.70), for a total value of £424,951.38 ($554,694.40). Also, insider Smalley,Louise sold 470 shares of Whitbread plc stock in a transaction dated Monday, August 8th. The stock was sold at an average price of GBX 3,962 ($51.72), for a total value of £18,621.40 ($24,306.75).

About Whitbread plc

Whitbread PLC is a United Kingdom-based hospitality company. The Company operates hotels, coffee shops and restaurants. The Company operates in two segments: Hotels & Restaurants and Costa. The Hotels & Restaurants segment provides services in relation to accommodation and food. The Costa segment generates income from the operation of its branded, owned and franchised coffee outlets.

Receive News & Ratings for Whitbread plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Whitbread plc and related companies with MarketBeat.com's FREE daily email newsletter.