Whitbread (LON:WTB) had its target price upped by Barclays from GBX 3,800 ($50.81) to GBX 3,900 ($52.15) in a research note issued to investors on Wednesday. The brokerage currently has an equal weight rating on the stock.
Other equities research analysts also recently issued research reports about the company. Deutsche Bank restated a buy rating and set a GBX 4,400 ($58.83) price target on shares of Whitbread in a report on Wednesday, October 11th. restated a buy rating and set a GBX 4,800 ($64.18) price target on shares of Whitbread in a report on Tuesday, September 26th. Berenberg Bank cut their price target on Whitbread from GBX 5,000 ($66.85) to GBX 4,900 ($65.52) and set a buy rating on the stock in a report on Wednesday, December 20th. Morgan Stanley downgraded Whitbread to an equal weight rating and cut their price target for the stock from GBX 4,700 ($62.84) to GBX 4,500 ($60.17) in a report on Wednesday, October 25th. Finally, Numis Securities restated a hold rating and set a GBX 4,100 ($54.82) price target on shares of Whitbread in a report on Tuesday, October 24th. Four research analysts have rated the stock with a sell rating, six have given a hold rating and seven have given a buy rating to the company. The company currently has a consensus rating of Hold and a consensus price target of GBX 4,122.44 ($55.12).
Shares of Whitbread (LON WTB) traded up GBX 27 ($0.36) during midday trading on Wednesday, reaching GBX 4,001 ($53.50). The company’s stock had a trading volume of 616,305 shares, compared to its average volume of 531,553. Whitbread has a 12 month low of GBX 3,499.90 ($46.80) and a 12 month high of GBX 4,333 ($57.94). The stock has a market cap of $7,340.00 and a P/E ratio of 1,556.81.
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Whitbread PLC is a 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 consists of operations of its branded, owned and franchised coffee outlets.
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