Whitbread plc (LON:WTB)’s share price was down 0% during trading on Thursday . The company traded as low as GBX 3,559.30 ($47.67) and last traded at GBX 3,568 ($47.78). Approximately 805,356 shares changed hands during mid-day trading, an increase of 6% from the average daily volume of 761,729 shares. The stock had previously closed at GBX 3,568 ($47.78).

A number of equities analysts have commented on WTB shares. Citigroup cut Whitbread to a “sell” rating and decreased their price target for the stock from GBX 4,800 ($64.28) to GBX 3,200 ($42.86) in a research note on Tuesday, September 12th. Deutsche Bank reaffirmed a “buy” rating and issued a GBX 4,400 ($58.93) price target on shares of Whitbread in a research note on Wednesday, October 11th. Morgan Stanley reaffirmed an “overweight” rating and issued a GBX 4,700 ($62.94) price target on shares of Whitbread in a research note on Thursday, October 5th. Barclays reaffirmed an “equal weight” rating and issued a GBX 3,800 ($50.89) price target on shares of Whitbread in a research note on Thursday, November 16th. Finally, J P Morgan Chase & Co reaffirmed a “neutral” rating and issued a GBX 4,000 ($53.57) price target on shares of Whitbread in a research note on Wednesday, October 11th. Four analysts have rated the stock with a sell rating, six have issued a hold rating and seven have issued a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus price target of GBX 4,122.44 ($55.21).

The company also recently declared a dividend, which will be paid on Friday, December 15th. Investors of record on Thursday, November 9th will be given a dividend of GBX 31.40 ($0.42) per share. The ex-dividend date is Thursday, November 9th. This represents a dividend yield of 0.84%.

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About Whitbread

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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