Whitbread (WTB) Earns Buy Rating from Shore Capital

Whitbread (LON:WTB)‘s stock had its “buy” rating restated by Shore Capital in a research note issued to investors on Friday.

Several other analysts have also commented on WTB. Barclays reiterated an “equal weight” rating and issued a GBX 3,920 ($53.16) price target on shares of Whitbread in a research report on Thursday. Liberum Capital reiterated a “hold” rating and issued a GBX 4,150 ($56.28) price target on shares of Whitbread in a research report on Friday. reiterated a “buy” rating and issued a GBX 4,800 ($65.09) price target on shares of Whitbread in a research report on Tuesday, September 26th. Deutsche Bank reiterated a “buy” rating and issued a GBX 4,300 ($58.31) price target on shares of Whitbread in a research report on Friday, January 12th. Finally, JPMorgan Chase & Co. increased their price target on shares of Whitbread from GBX 4,010 ($54.38) to GBX 4,020 ($54.52) and gave the company a “neutral” rating in a research report on Friday, January 12th. Four investment analysts have rated the stock with a sell rating, six have assigned a hold rating and seven have given a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus price target of GBX 4,118.69 ($55.85).

Whitbread (WTB) traded up GBX 17 ($0.23) during mid-day trading on Friday, hitting GBX 4,005 ($54.31). 1,328,507 shares of the stock traded hands, compared to its average volume of 529,051. The firm has a market capitalization of $7,350.00 and a price-to-earnings ratio of 1,558.37. Whitbread has a twelve month low of GBX 3,499.90 ($47.46) and a twelve month high of GBX 4,333 ($58.76).

COPYRIGHT VIOLATION WARNING: This piece was published by American Banking News and is the sole property of of American Banking News. If you are accessing this piece on another website, it was illegally copied and reposted in violation of international trademark & copyright legislation. The correct version of this piece can be accessed at https://www.americanbankingnews.com/2018/01/21/whitbread-wtb-earns-buy-rating-from-shore-capital.html.

About Whitbread

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.

Analyst Recommendations for Whitbread (LON:WTB)

Receive News & Ratings for Whitbread Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Whitbread and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply