Whitbread plc (WTB) Stock Rating Reaffirmed by JPMorgan Chase & Co.
JPMorgan Chase & Co. reiterated their neutral rating on shares of Whitbread plc (LON:WTB) in a research note released on Wednesday. They currently have a GBX 4,000 ($53.79) price objective on the stock.
Other equities research analysts have also issued research reports about the stock. Credit Suisse Group restated an outperform rating and set a GBX 4,870 ($65.49) price target on shares of Whitbread plc in a research note on Monday, July 3rd. Kepler Capital Markets raised their price objective on shares of Whitbread plc from GBX 3,500 ($47.07) to GBX 3,600 ($48.41) and gave the stock a reduce rating in a report on Thursday, June 22nd. Panmure Gordon reaffirmed a hold rating on shares of Whitbread plc in a report on Wednesday, June 21st. Citigroup Inc. downgraded shares of Whitbread plc to a sell rating and cut their price objective for the stock from GBX 4,800 ($64.55) to GBX 3,200 ($43.03) in a report on Tuesday, September 12th. Finally, HSBC Holdings plc reaffirmed a buy rating and issued a GBX 4,800 ($64.55) price objective on shares of Whitbread plc in a report on Tuesday, September 26th. Four investment analysts have rated the stock with a sell rating, seven have given a hold rating and eight have issued a buy rating to the stock. The company presently has an average rating of Hold and an average target price of GBX 4,138 ($55.65).
Shares of Whitbread plc (WTB) opened at 3766.00 on Wednesday. The company’s market capitalization is GBX 6.87 billion. The company has a 50 day moving average price of GBX 3,776.76 and a 200 day moving average price of GBX 3,944.07. Whitbread plc has a 52 week low of GBX 3,365.00 and a 52 week high of GBX 4,333.00.
WARNING: “Whitbread plc (WTB) Stock Rating Reaffirmed by JPMorgan Chase & Co.” was posted by The Cerbat Gem and is the property of of The Cerbat Gem. If you are reading this story on another publication, it was illegally copied and republished in violation of U.S. and international copyright and trademark laws. The original version of this story can be viewed at https://www.thecerbatgem.com/2017/10/01/whitbread-plc-wtb-stock-rating-reaffirmed-by-jpmorgan-chase-co.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.
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.