Whitbread plc (WTB) Receives Average Recommendation of “Hold” from Brokerages
Shares of Whitbread plc (LON:WTB) have earned a consensus rating of “Hold” from the nineteen brokerages that are currently covering the stock, Marketbeat Ratings reports. Four investment 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 twelve-month price target among analysts that have issued a report on the stock in the last year is GBX 4,156.33 ($55.13).
A number of equities research analysts have recently weighed in on WTB shares. J P Morgan Chase & Co reissued a “neutral” rating and set a GBX 4,000 ($53.06) price objective on shares of Whitbread plc in a report on Wednesday, June 28th. Kepler Capital Markets raised their target price on Whitbread plc from GBX 3,500 ($46.43) to GBX 3,600 ($47.75) and gave the stock a “reduce” rating in a research note on Thursday, June 22nd. Panmure Gordon restated a “hold” rating on shares of Whitbread plc in a research note on Wednesday, June 21st. Credit Suisse Group reaffirmed an “outperform” rating and set a GBX 4,870 ($64.60) price target on shares of Whitbread plc in a research report on Monday, July 3rd. Finally, Citigroup Inc. cut Whitbread plc to a “sell” rating and lowered their price target for the stock from GBX 4,800 ($63.67) to GBX 3,200 ($42.45) in a research report on Tuesday, September 12th.
Whitbread plc (LON:WTB) traded up 0.34% during trading on Wednesday, hitting GBX 3845.00. The stock had a trading volume of 434,430 shares. The firm’s market cap is GBX 7.01 billion. Whitbread plc has a 52-week low of GBX 3,365.00 and a 52-week high of GBX 4,333.00. The company’s 50 day moving average is GBX 3,741.32 and its 200 day moving average is GBX 3,934.41.
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About Whitbread plc
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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