Whitbread plc (LON:WTB) had its price target raised by JPMorgan Chase & Co. from GBX 3,682 ($48.06) to GBX 3,760 ($49.08) in a report issued on Tuesday. The firm currently has a neutral rating on the stock.
Other equities analysts also recently issued reports about the company. Kepler Capital Markets decreased their target price on Whitbread plc from GBX 4,200 ($54.82) to GBX 3,500 ($45.69) and set a hold rating for the company in a research note on Wednesday, July 6th. Berenberg Bank restated a buy rating and issued a GBX 5,000 ($65.27) target price on shares of Whitbread plc in a research note on Wednesday, August 10th. Barclays PLC downgraded Whitbread plc to an underweight rating and decreased their target price for the company from GBX 4,150 ($54.17) to GBX 3,220 ($42.03) in a research note on Tuesday, July 5th. Credit Suisse Group AG downgraded Whitbread plc to a neutral rating and decreased their target price for the company from GBX 4,900 ($63.96) to GBX 4,400 ($57.43) in a research note on Thursday, June 30th. Finally, Beaufort Securities restated a buy rating on shares of Whitbread plc in a research note on Wednesday, June 22nd. One analyst has rated the stock with a sell rating, ten have issued a hold rating and twelve have assigned a buy rating to the company. The stock has an average rating of Hold and a consensus target price of GBX 4,514.89 ($58.93).
Shares of Whitbread plc (LON:WTB) opened at 3892.00 on Tuesday. The firm’s 50-day moving average price is GBX 4,065.72 and its 200 day moving average price is GBX 3,930.36. The stock’s market cap is GBX 7.07 billion. Whitbread plc has a one year low of GBX 3,283.00 and a one year high of GBX 4,968.00.
In other news, insider Smalley,Louise sold 470 shares of the business’s stock in a transaction on Monday, August 8th. The shares were sold at an average price of GBX 3,962 ($51.72), for a total transaction of £18,621.40 ($24,306.75). Also, insider Cadbury ,Nicholas sold 12,138 shares of the business’s stock in a transaction on Friday, July 1st. The shares were sold at an average price of GBX 3,501 ($45.70), for a total transaction of £424,951.38 ($554,694.40).
Whitbread plc Company Profile
Whitbread PLC is a United Kingdom-based 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 generates income from the operation of its branded, owned and franchised coffee outlets.
Receive News & 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 companies with MarketBeat.com's FREE daily email newsletter.