Whitbread plc (WTB) Price Target Raised to GBX 4,000 at Panmure Gordon
Whitbread plc (LON:WTB) had its price objective boosted by Panmure Gordon from GBX 3,800 ($49.60) to GBX 4,000 ($52.21) in a research note published on Thursday morning. They currently have a hold rating on the stock.
Several other analysts also recently weighed in on WTB. JPMorgan Chase & Co. reaffirmed an overweight rating on shares of Whitbread plc in a research note on Wednesday, June 22nd. Morgan Stanley reaffirmed an overweight rating on shares of Whitbread plc in a research note on Wednesday, September 14th. Barclays PLC reaffirmed an equal weight rating and set a GBX 4,150 ($54.17) target price on shares of Whitbread plc in a research note on Wednesday, June 15th. Jefferies Group reaffirmed a hold rating and set a GBX 3,600 ($46.99) target price on shares of Whitbread plc in a research note on Wednesday, May 18th. Finally, Beaufort Securities reaffirmed a buy rating on shares of Whitbread plc in a research note on Wednesday, June 22nd. One research analyst has rated the stock with a sell rating, ten have assigned a hold rating and twelve have issued a buy rating to the stock. Whitbread plc currently has a consensus rating of Hold and an average price target of GBX 4,510.79 ($58.88).
Whitbread plc (LON:WTB) opened at 4067.00 on Thursday. Whitbread plc has a 52-week low of GBX 3,283.00 and a 52-week high of GBX 4,968.00. The firm’s market cap is GBX 7.39 billion. The stock has a 50 day moving average of GBX 4,060.03 and a 200-day moving average of GBX 3,925.29.
In related news, insider Cadbury ,Nicholas sold 12,138 shares of Whitbread plc stock in a transaction on Friday, July 1st. The stock was sold at an average price of GBX 3,501 ($45.70), for a total transaction of £424,951.38 ($554,694.40). Also, insider Smalley,Louise sold 470 shares of Whitbread plc 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 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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