Whitbread plc (WTB) Given Average Recommendation of “Hold” by Brokerages
Whitbread plc (LON:WTB) has received a consensus recommendation of “Hold” from the eighteen ratings firms that are covering the stock, MarketBeat reports. Three equities research analysts have rated the stock with a sell recommendation, seven have issued a hold recommendation and eight have issued a buy recommendation on the company. The average 12 month price objective among brokers that have issued a report on the stock in the last year is GBX 4,224.64 ($54.56).
A number of equities research analysts have recently issued reports on WTB shares. Deutsche Bank AG reaffirmed a “buy” rating on shares of Whitbread plc in a report on Thursday, June 8th. Shore Capital reissued a “buy” rating on shares of Whitbread plc in a research report on Wednesday, June 21st. HSBC Holdings plc reissued a “buy” rating and set a GBX 4,800 ($61.99) price target on shares of Whitbread plc in a research report on Monday, June 26th. Finally, Barclays PLC boosted their price target on shares of Whitbread plc from GBX 3,875 ($50.05) to GBX 3,925 ($50.69) and gave the company an “equal weight” rating in a research report on Thursday, May 25th.
Whitbread plc (LON WTB) traded down 0.61% during trading on Friday, reaching GBX 3768.00. 386,037 shares of the company’s stock traded hands. Whitbread plc has a one year low of GBX 3,365.00 and a one year high of GBX 4,333.00. The company has a 50-day moving average price of GBX 3,814.84 and a 200 day moving average price of GBX 3,950.26. The firm’s market capitalization is GBX 6.87 billion.
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.
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