Whitbread plc (LON:WTB) Receives GBX 4,482.39 Average PT from Brokerages
Whitbread plc (LON:WTB) has earned an average recommendation of “Hold” from the twenty-three analysts that are presently covering the firm. One analyst has rated the stock with a sell rating, ten have issued a hold rating and twelve have given a buy rating to the company. The average 12-month price target among brokerages that have issued a report on the stock in the last year is GBX 4,482.39 ($58.51).
WTB has been the topic of several recent research reports. Barclays PLC restated an “underweight” rating and set a GBX 3,220 ($42.03) target price on shares of Whitbread plc in a research report on Friday, September 9th. Numis Securities Ltd restated a “hold” rating and set a GBX 4,400 ($57.43) target price on shares of Whitbread plc in a research report on Monday, September 19th. Morgan Stanley restated an “overweight” rating on shares of Whitbread plc in a research report on Wednesday, September 14th. JPMorgan Chase & Co. downgraded Whitbread plc to a “neutral” rating and dropped their target price for the stock from GBX 4,400 ($57.43) to GBX 3,682 ($48.06) in a research report on Wednesday, June 29th. Finally, Panmure Gordon increased their target price on Whitbread plc from GBX 3,800 ($49.60) to GBX 4,000 ($52.21) and gave the stock a “hold” rating in a research report on Thursday, September 15th.
In other news, insider Smalley,Louise sold 470 shares of the stock in a transaction dated Monday, August 8th. The shares were sold at an average price of GBX 3,962 ($51.72), for a total transaction of £18,621.40 ($24,306.75).
Shares of Whitbread plc (LON:WTB) opened at 3916.00 on Thursday. The company’s market capitalization is GBX 7.12 billion. Whitbread plc has a one year low of GBX 3,283.00 and a one year high of GBX 4,968.00. The firm has a 50 day moving average price of GBX 4,067.03 and a 200 day moving average price of GBX 3,932.40.
Whitbread plc Company Profile
Whitbread PLC is a United Kingdom-based 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 generates income from the operation of its branded, owned and franchised coffee outlets.
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