Whitbread plc (WTB) Earns “Buy” Rating from Deutsche Bank AG
Whitbread plc (LON:WTB)‘s stock had its “buy” rating restated by equities researchers at Deutsche Bank AG in a note issued to investors on Friday.
A number of other equities analysts also recently issued reports on the stock. J P Morgan Chase & Co reiterated a “neutral” rating and set a GBX 4,000 ($53.15) price objective on shares of Whitbread plc in a research note on Wednesday, October 11th. Morgan Stanley reiterated an “overweight” rating and set a GBX 4,700 ($62.45) price objective on shares of Whitbread plc in a research note on Thursday, October 5th. Barclays PLC reiterated an “equal weight” rating and set a GBX 3,925 ($52.15) price objective on shares of Whitbread plc in a research note on Thursday, October 5th. HSBC Holdings plc reiterated a “buy” rating and set a GBX 4,800 ($63.78) price objective on shares of Whitbread plc in a research note on Tuesday, September 26th. Finally, Citigroup Inc. downgraded shares of Whitbread plc to a “sell” rating and dropped their price objective for the company from GBX 4,800 ($63.78) to GBX 3,200 ($42.52) in a research note on Tuesday, September 12th. Four analysts have rated the stock with a sell rating, seven have given a hold rating and eight have issued a buy rating to the company’s stock. Whitbread plc presently has a consensus rating of “Hold” and an average price target of GBX 4,138 ($54.98).
Shares of Whitbread plc (WTB) traded down 0.65% during mid-day trading on Friday, hitting GBX 3953.00. The stock had a trading volume of 498,897 shares. 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 market cap is GBX 7.21 billion. The company’s 50 day moving average is GBX 3,805.32 and its 200-day moving average is GBX 3,937.45.
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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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