Whitbread plc’s (WTB) Overweight Rating Reaffirmed at Morgan Stanley
Whitbread plc (LON:WTB)‘s stock had its “overweight” rating restated by stock analysts at Morgan Stanley in a research report issued on Thursday. They currently have a GBX 4,700 ($62.34) price target on the stock. Morgan Stanley’s target price points to a potential upside of 22.24% from the company’s current price.
Several other equities analysts have also issued reports on WTB. Deutsche Bank AG reaffirmed a “buy” rating on shares of Whitbread plc in a report on Thursday, June 8th. Barclays PLC reaffirmed an “equal weight” rating and issued a GBX 3,925 ($52.06) target price on shares of Whitbread plc in a report on Friday, June 9th. Numis Securities Ltd reaffirmed a “hold” rating and issued a GBX 4,100 ($54.38) target price on shares of Whitbread plc in a report on Tuesday, June 13th. Panmure Gordon reaffirmed a “hold” rating on shares of Whitbread plc in a report on Wednesday, June 21st. Finally, Shore Capital reaffirmed a “buy” rating on shares of Whitbread plc in a report on Wednesday, June 21st. Four analysts have rated the stock with a sell rating, seven have given a hold rating and eight have assigned a buy rating to the company. Whitbread plc presently has a consensus rating of “Hold” and an average price target of GBX 4,138 ($54.89).
Whitbread plc (LON:WTB) opened at 3861.00 on Thursday. Whitbread plc has a 52 week low of GBX 3,365.00 and a 52 week high of GBX 4,333.00. The stock’s 50 day moving average price is GBX 3,738.14 and its 200 day moving average price is GBX 3,934.41. The company’s market capitalization is GBX 7.04 billion.
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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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