Whitbread plc (WTB) Rating Reiterated by Barclays PLC
Whitbread plc (LON:WTB)‘s stock had its “equal weight” rating reissued by investment analysts at Barclays PLC in a research note issued on Thursday. They presently have a GBX 3,800 ($49.98) price objective on the stock. Barclays PLC’s price objective would suggest a potential upside of 6.44% from the company’s previous close.
A number of other analysts also recently weighed in on the company. Citigroup Inc. downgraded Whitbread plc to a “sell” rating and cut their target price for the company from GBX 4,800 ($63.13) to GBX 3,200 ($42.09) in a research report on Tuesday, September 12th. Deutsche Bank AG reiterated a “buy” rating on shares of Whitbread plc in a research report on Friday, October 20th. Morgan Stanley reiterated an “overweight” rating and set a GBX 4,700 ($61.82) target price on shares of Whitbread plc in a research report on Thursday, October 5th. Numis Securities Ltd reiterated a “hold” rating and set a GBX 4,100 ($53.93) target price on shares of Whitbread plc in a research report on Tuesday, October 24th. Finally, Goldman Sachs Group, Inc. (The) upgraded Whitbread plc to a “sell” rating and set a GBX 3,900 ($51.30) target price for the company in a research report on Tuesday, August 22nd. Four equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and seven have given a buy rating to the company. Whitbread plc has a consensus rating of “Hold” and an average target price of GBX 4,122.44 ($54.22).
Whitbread plc (LON WTB) traded down GBX 26 ($0.34) during trading hours on Thursday, hitting GBX 3,570 ($46.96). The stock had a trading volume of 458,769 shares, compared to its average volume of 739,197. Whitbread plc has a 1 year low of GBX 3,365 ($44.26) and a 1 year high of GBX 4,333 ($56.99).
TRADEMARK VIOLATION NOTICE: This report was originally published by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are accessing this report on another publication, it was stolen and republished in violation of United States & international copyright & trademark laws. The original version of this report can be viewed at https://www.thecerbatgem.com/2017/11/11/whitbread-plc-wtb-rating-reiterated-by-barclays-plc.html.
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.
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.