Whitbread (LON:WTB) had its price target lifted by research analysts at Royal Bank of Canada from GBX 4,700 ($61.41) to GBX 5,000 ($65.33) in a research report issued to clients and investors on Friday. The brokerage presently has a “sector performer” rating on the stock. Royal Bank of Canada’s price target suggests a potential upside of 0.95% from the company’s current price.

Several other analysts have also issued reports on the stock. JPMorgan Chase & Co. restated an “overweight” rating and set a GBX 5,300 ($69.25) target price (down from GBX 5,500 ($71.87)) on shares of Whitbread in a research report on Friday. UBS Group restated a “neutral” rating and set a GBX 4,875 ($63.70) target price (up from GBX 4,720 ($61.68)) on shares of Whitbread in a research report on Thursday. Numis Securities restated an “add” rating and set a GBX 5,400 ($70.56) target price on shares of Whitbread in a research report on Tuesday. Barclays upgraded shares of Whitbread to an “overweight” rating and boosted their target price for the company from GBX 5,000 ($65.33) to GBX 5,200 ($67.95) in a research report on Friday, January 4th. Finally, Credit Suisse Group boosted their target price on shares of Whitbread from GBX 4,950 ($64.68) to GBX 5,600 ($73.17) and gave the company an “outperform” rating in a research report on Thursday, November 15th. Eight equities research analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. Whitbread presently has a consensus rating of “Buy” and a consensus target price of GBX 4,760.29 ($62.20).

Shares of LON WTB opened at GBX 4,953 ($64.72) on Friday. Whitbread has a 12-month low of GBX 3,499.90 ($45.73) and a 12-month high of GBX 4,333 ($56.62).

In other news, insider Adam Crozier purchased 2,000 shares of the company’s stock in a transaction on Tuesday, November 13th. The stock was acquired at an average cost of GBX 4,561 ($59.60) per share, for a total transaction of £91,220 ($119,195.09). Also, insider Richard Gillingwater purchased 1,000 shares of the company’s stock in a transaction on Thursday, November 1st. The stock was purchased at an average price of GBX 4,531 ($59.21) per share, with a total value of £45,310 ($59,205.54).

About Whitbread

Whitbread PLC operates hotels, restaurants, and coffee shops. The company operates through two segments, Premier Inn and Costa. It operates approximately 785 hotels with 72,466 rooms in the United Kingdom, as well as hotels under the Premier Inn brand name; hotels under the hub by Premier Inn brand name in the United Kingdom; and restaurants under the Brewers Fayre, Beefeater Grill, Bar+Block, and Table Table brands.

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Analyst Recommendations for Whitbread (LON:WTB)

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