Whitbread plc (WTB) Receives Buy Rating from Deutsche Bank AG
Whitbread plc (LON:WTB)‘s stock had its “buy” rating restated by stock analysts at Deutsche Bank AG in a note issued to investors on Monday.
A number of other research analysts have also issued reports on WTB. Barclays PLC reiterated an “underweight” rating and issued a GBX 3,220 ($42.03) target price on shares of Whitbread plc in a report on Friday, September 9th. Numis Securities Ltd reiterated a “hold” rating and issued a GBX 4,400 ($57.43) target price on shares of Whitbread plc in a report on Monday, September 19th. Morgan Stanley reiterated an “overweight” rating on shares of Whitbread plc in a report on Wednesday, September 14th. JPMorgan Chase & Co. lowered Whitbread plc to a “neutral” rating and decreased their target price for the company from GBX 4,400 ($57.43) to GBX 3,682 ($48.06) in a report on Wednesday, June 29th. Finally, Panmure Gordon lifted their target price on Whitbread plc from GBX 3,800 ($49.60) to GBX 4,000 ($52.21) and gave the company a “hold” rating in a report on Thursday, September 15th. One investment analyst has rated the stock with a sell rating, ten have given a hold rating and twelve have assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average price target of GBX 4,514.89 ($58.93).
Whitbread plc (LON:WTB) opened at 3916.00 on Monday. The stock 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 has a one year low of GBX 3,283.00 and a one year high of GBX 4,968.00. The firm’s market capitalization is GBX 7.12 billion.
In other Whitbread plc news, insider Smalley,Louise sold 470 shares of the business’s stock in a transaction that occurred on Monday, August 8th. The stock was sold at an average price of GBX 3,962 ($51.72), for a total transaction of £18,621.40 ($24,306.75).
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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