Whitbread (LON: WTB) was upgraded by UBS AG from a “neutral” rating to a “buy” rating in a research note issued on Friday. The firm currently has a $43.81 (2900 GBX) price target on the stock, up from their previous price target of $34.74 (2300 GBX).
Several other analysts have also recently commented on the stock. Analysts at Credit Suisse reiterated an “outperform” rating on shares of Whitbread in a research note to investors on Thursday, March 7th. They now have a $41.49 price target on the stock. Separately, analysts at Nomura raised their price target on shares of Whitbread from $40.18 to $45.00 in a research note to investors on Thursday, February 28th. They now have a “buy” rating on the stock. Finally, analysts at Barclays Capital reiterated an “overweight” rating on shares of Whitbread in a research note to investors on Thursday, February 28th. They now have a $42.61 price target on the stock, up previously from $42.20.
Three equities research analysts have rated the stock with a sell rating, ten have given a hold rating and eight have given a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus target price of $38.64 (2558 GBX).
Whitbread (LON: WTB) traded up 0.12% on Friday, hitting GBX 2576.00. Whitbread has a 52-week low of GBX 1721.50 and a 52-week high of GBX 2694.00. The stock’s 50-day moving average is currently GBX 2262.07. The company’s market cap is £4.600 billion.
Whitbread PLC is engaged in the operation of a hotels and restaurants business and a coffee shop business.