Whitbread plc (LON:WTB)‘s stock had its “buy” rating reiterated by equities researchers at Deutsche Bank AG in a research note issued on Monday.
Several other research analysts have also issued reports on the stock. JPMorgan Chase & Co. lifted their price target on shares of Whitbread plc from GBX 3,682 ($48.06) to GBX 3,760 ($49.08) and gave the stock a “neutral” rating in a research report on Tuesday, September 27th. Barclays PLC restated an “underweight” rating and issued a GBX 3,220 ($42.03) price target on shares of Whitbread plc in a research report on Thursday, September 22nd. HSBC assumed coverage on shares of Whitbread plc in a research report on Monday, September 19th. They issued a “buy” rating and a GBX 4,800 ($62.66) price target on the stock. Numis Securities Ltd restated a “hold” rating and issued a GBX 4,400 ($57.43) price target on shares of Whitbread plc in a research report on Monday, September 19th. Finally, Panmure Gordon lifted their price target on shares of Whitbread plc from GBX 3,800 ($49.60) to GBX 4,000 ($52.21) and gave the stock a “hold” rating in a research report on Thursday, September 15th. One investment 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’s stock. The company presently has an average rating of “Hold” and an average target price of GBX 4,514.89 ($58.93).
Shares of Whitbread plc (LON:WTB) opened at 3916.00 on Monday. Whitbread plc has a one year low of GBX 3,283.00 and a one year high of GBX 4,968.00. The firm’s market capitalization is GBX 7.12 billion. The company has a 50-day moving average price of GBX 4,067.03 and a 200 day moving average price of GBX 3,932.40.
In other news, insider Smalley,Louise sold 470 shares of the business’s stock in a transaction dated 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).
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.
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