Whitbread plc’s (WTB) “Overweight” Rating Reiterated at Morgan Stanley
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.
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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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