Whitbread plc (WTB) Given Consensus Recommendation of “Hold” by Brokerages
Shares of Whitbread plc (LON:WTB) have been assigned a consensus rating of “Hold” from the eighteen ratings firms that are covering the company, MarketBeat reports. Three investment analysts have rated the stock with a sell rating, seven have issued a hold rating and eight have given a buy rating to the company. The average 12-month price target among analysts that have issued ratings on the stock in the last year is GBX 4,224.64 ($54.84).
WTB has been the subject of several analyst reports. Barclays PLC reiterated an “equal weight” rating and set a GBX 3,925 ($50.95) price objective on shares of Whitbread plc in a research report on Thursday, August 3rd. Liberum Capital initiated coverage on Whitbread plc in a research report on Wednesday, July 5th. They set a “hold” rating and a GBX 4,150 ($53.88) price objective for the company. Morgan Stanley reiterated an “overweight” rating and set a GBX 4,700 ($61.02) price objective on shares of Whitbread plc in a research report on Monday, July 3rd. Credit Suisse Group AG reiterated an “outperform” rating and set a GBX 4,870 ($63.22) price objective on shares of Whitbread plc in a research report on Monday, July 3rd. Finally, J P Morgan Chase & Co reiterated a “neutral” rating and set a GBX 4,000 ($51.93) price objective on shares of Whitbread plc in a research report on Wednesday, June 28th.
Whitbread plc (LON WTB) traded up 0.10% during mid-day trading on Tuesday, reaching GBX 3856.00. The company’s stock had a trading volume of 260,016 shares. The firm’s market capitalization is GBX 7.03 billion. The stock’s 50-day moving average is GBX 3,885.42 and its 200-day moving average is GBX 3,976.56. Whitbread plc has a 12 month low of GBX 3,365.00 and a 12 month high of GBX 4,333.00.
ILLEGAL ACTIVITY WARNING: “Whitbread plc (WTB) Given Consensus Recommendation of “Hold” by Brokerages” was originally published by American Banking News and is owned by of American Banking News. If you are viewing this story on another domain, it was stolen and reposted in violation of US & international copyright and trademark law. The legal version of this story can be read at https://www.americanbankingnews.com/2017/08/15/whitbread-plc-wtb-given-consensus-recommendation-of-hold-by-brokerages.html.
Whitbread plc Company Profile
Whitbread PLC is a 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 consists of operations 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.