Whitbread (NASDAQ:WTBCY) was upgraded by Zacks Investment Research from a “hold” rating to a “strong-buy” rating in a research report issued on Thursday. The brokerage presently has a $30.00 price objective on the stock. Zacks Investment Research‘s target price suggests a potential upside of 14.16% from the stock’s current price.

According to Zacks, “Whitbread PLC operates hotels, restaurants and coffee shops. The company’s business unit consists of Hotels and Restaurants and Costa. Hotels and Restaurants unit provides services in accommodation and food. Costa unit is engaged in the operations of branded, owned and franchised coffee shops. Its brands include Premier Inn, Beefeater, Table Table, Brewers Fayre, Taybarns and Costa Coffee. Whitbread PLC is headquartered in Dunstable, the United Kingdom. “

Shares of Whitbread (NASDAQ WTBCY) opened at 26.28 on Thursday. The firm has a market cap of $9.59 billion and a P/E ratio of 17.25. Whitbread has a one year low of $21.33 and a one year high of $28.68. The firm has a 50-day moving average price of $25.01 and a 200 day moving average price of $25.93.

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