Whitbread plc (WTB) Rating Reiterated by Barclays PLC
Whitbread plc (LON:WTB)‘s stock had its “underweight” rating restated by investment analysts at Barclays PLC in a research note issued on Wednesday.
WTB has been the subject of a number of other reports. Credit Suisse Group AG decreased their price objective on Whitbread plc from GBX 4,400 ($54.58) to GBX 4,360 ($54.09) and set a “neutral” rating for the company in a report on Tuesday, September 13th. Canaccord Genuity reduced their target price on Whitbread plc from GBX 5,000 ($62.03) to GBX 4,500 ($55.82) and set a ” buy” rating for the company in a report on Thursday, October 27th. Morgan Stanley reaffirmed an “overweight” rating and issued a GBX 4,700 ($58.31) target price on shares of Whitbread plc in a report on Tuesday, November 8th. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 5,000 ($62.03) target price on shares of Whitbread plc in a report on Wednesday, August 10th. Finally, Societe Generale reduced their target price on Whitbread plc from GBX 4,220.30 ($52.35) to GBX 4,100 ($50.86) and set a “hold” rating for the company in a report on Wednesday, October 26th. Two research analysts have rated the stock with a sell rating, eight have given a hold rating and twelve have given a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus target price of GBX 4,391 ($54.47).
Shares of Whitbread plc (LON:WTB) opened at 3482.00 on Wednesday. Whitbread plc has a 12-month low of GBX 3,283.00 and a 12-month high of GBX 4,826.00. The firm’s market capitalization is GBX 6.34 billion. The company’s 50-day moving average price is GBX 3,633.25 and its 200 day moving average price is GBX 3,873.57.
The company also recently announced a dividend, which will be paid on Friday, December 16th. Investors of record on Thursday, November 10th will be paid a GBX 29.90 ($0.37) dividend. The ex-dividend date is Thursday, November 10th. This represents a yield of 0.81%.
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About Whitbread plc
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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