Whitbread plc (LON:WTB)‘s stock had its “buy” rating reiterated by Deutsche Bank AG in a research note issued on Monday.
Other equities analysts also recently issued reports about the company. Kepler Capital Markets reduced their price target 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 report on Wednesday, July 6th. Berenberg Bank reaffirmed a “buy” rating and set a GBX 5,000 ($65.27) price objective on shares of Whitbread plc in a research report on Wednesday, August 10th. Barclays PLC cut Whitbread plc to an “underweight” rating and dropped their price objective for the company from GBX 4,150 ($54.17) to GBX 3,220 ($42.03) in a research report on Tuesday, July 5th. Credit Suisse Group AG cut Whitbread plc to a “neutral” rating and dropped their price objective for the company from GBX 4,900 ($63.96) to GBX 4,400 ($57.43) in a research report on Thursday, June 30th. Finally, JPMorgan Chase & Co. reaffirmed an “overweight” rating and set a GBX 4,400 ($57.43) price objective on shares of Whitbread plc in a research report on Thursday, June 16th. One analyst has rated the stock with a sell rating, ten have given a hold rating and twelve have assigned a buy rating to the company. Whitbread plc currently has a consensus rating of “Hold” and a consensus target price of GBX 4,514.89 ($58.93).
Shares of Whitbread plc (LON:WTB) opened at 3967.00 on Monday. The company’s market cap is GBX 7.21 billion. The stock has a 50 day moving average of GBX 4,064.59 and a 200 day moving average of GBX 3,935.16. Whitbread plc has a 1-year low of GBX 3,283.00 and a 1-year high of GBX 4,968.00.
In other Whitbread plc news, insider Smalley,Louise sold 470 shares of Whitbread plc stock in a transaction that occurred on Monday, August 8th. The stock was sold at an average price of GBX 3,962 ($51.72), for a total value of £18,621.40 ($24,306.75).
About Whitbread plc
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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