Whitbread plc (WTB) Receives Buy Rating from Deutsche Bank AG
A number of other equities research analysts have also issued reports on WTB. J P Morgan Chase & Co reissued a neutral rating and issued a GBX 4,000 ($53.15) price objective on shares of Whitbread plc in a report on Wednesday, October 11th. HSBC Holdings plc reissued a buy rating and issued a GBX 4,800 ($63.78) price objective on shares of Whitbread plc in a report on Tuesday, September 26th. Goldman Sachs Group Inc raised shares of Whitbread plc to a sell rating and set a GBX 3,900 ($51.82) price objective for the company in a report on Tuesday, August 22nd. Barclays PLC reissued an equal weight rating and issued a GBX 3,925 ($52.15) price objective on shares of Whitbread plc in a report on Thursday, August 3rd. Finally, Kepler Capital Markets upped their price objective on shares of Whitbread plc from GBX 3,500 ($46.51) to GBX 3,600 ($47.83) and gave the company a reduce rating in a report on Thursday, June 22nd. Four investment analysts have rated the stock with a sell rating, seven have issued a hold rating and eight have assigned a buy rating to the stock. The stock presently has an average rating of Hold and an average target price of GBX 4,138 ($54.98).
Shares of Whitbread plc (LON WTB) traded down 0.65% during midday trading on Friday, reaching GBX 3953.00. 498,897 shares of the company were exchanged. Whitbread plc has a 52 week low of GBX 3,365.00 and a 52 week high of GBX 4,333.00. The firm’s market capitalization is GBX 7.21 billion. The firm has a 50-day moving average of GBX 3,805.32 and a 200 day moving average of GBX 3,937.45.
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Whitbread plc Company Profile
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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