Morgan Stanley reiterated their overweight rating on shares of Whitbread plc (LON:WTB) in a report issued on Tuesday morning, Marketbeat reports. They currently have a GBX 4,700 ($60.70) price target on the stock.

A number of other research firms have also commented on WTB. Barclays PLC restated an equal weight rating and issued a GBX 3,925 ($50.69) price target on shares of Whitbread plc in a research report on Friday, June 9th. J P Morgan Chase & Co reiterated a neutral rating and set a GBX 4,000 ($51.66) target price on shares of Whitbread plc in a research report on Wednesday, June 28th. Panmure Gordon reiterated a hold rating on shares of Whitbread plc in a research report on Wednesday, June 21st. Deutsche Bank AG reiterated a buy rating on shares of Whitbread plc in a research report on Tuesday, May 23rd. Finally, Credit Suisse Group reiterated an outperform rating and set a GBX 4,870 ($62.90) target price on shares of Whitbread plc in a research report on Monday, July 3rd. Three equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and eight have issued a buy rating to the company. The company presently has an average rating of Hold and an average price target of GBX 4,193.18 ($54.15).

Shares of Whitbread plc (LON:WTB) opened at 3768.00 on Tuesday. The company’s market cap is GBX 6.87 billion. Whitbread plc has a 12-month low of GBX 3,365.00 and a 12-month high of GBX 4,333.00. The stock’s 50 day moving average price is GBX 3,814.84 and its 200-day moving average price is GBX 3,950.26.

TRADEMARK VIOLATION NOTICE: This article was posted by The Cerbat Gem and is the property of of The Cerbat Gem. If you are reading this article on another site, it was illegally copied and republished in violation of U.S. and international copyright & trademark laws. The original version of this article can be viewed at https://www.thecerbatgem.com/2017/09/09/whitbread-plcs-wtb-overweight-rating-reiterated-at-morgan-stanley.html.

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.

Analyst Recommendations for Whitbread plc (LON:WTB)

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