Whitbread’s (WTB) Buy Rating Reiterated at Deutsche Bank
Whitbread (LON:WTB)‘s stock had its “buy” rating reissued by equities research analysts at Deutsche Bank in a research report issued on Friday. They currently have a GBX 4,300 ($58.31) price target on the stock. Deutsche Bank’s target price would suggest a potential upside of 10.23% from the company’s current price.
WTB has been the topic of several other research reports. Beaufort Securities lowered their price objective on shares of Whitbread from GBX 3,600 ($48.82) to GBX 3,400 ($46.11) and set a “sell” rating on the stock in a research report on Tuesday, October 24th. JPMorgan Chase & Co. reiterated a “neutral” rating and issued a GBX 4,000 ($54.24) target price on shares of Whitbread in a research report on Wednesday, September 27th. Citigroup reiterated a “sell” rating and issued a GBX 3,200 ($43.40) target price on shares of Whitbread in a research report on Monday, December 18th. Morgan Stanley cut shares of Whitbread to an “equal weight” rating and decreased their target price for the stock from GBX 4,700 ($63.74) to GBX 4,500 ($61.03) in a research report on Wednesday, October 25th. Finally, Numis Securities reiterated a “hold” rating and issued a GBX 4,100 ($55.60) target price on shares of Whitbread in a research report on Tuesday, October 24th. Four research analysts have rated the stock with a sell rating, six have assigned a hold rating and seven have issued a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus price target of GBX 4,117.44 ($55.84).
Whitbread (LON:WTB) traded up GBX 65 ($0.88) during trading on Friday, hitting GBX 3,901 ($52.90). 1,018,459 shares of the stock traded hands, compared to its average volume of 538,465. The stock has a market cap of $7,160.00 and a PE ratio of 1,517.90. Whitbread has a 12-month low of GBX 3,499.90 ($47.46) and a 12-month high of GBX 4,333 ($58.76).
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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