Whitbread plc (WTB) Given Average Rating of “Hold” by Analysts
Whitbread plc (LON:WTB) has received a consensus recommendation of “Hold” from the eighteen analysts that are currently covering the stock, MarketBeat reports. Three analysts have rated the stock with a sell rating, seven have assigned a hold rating and eight have assigned a buy rating to the company. The average 1-year target price among brokers that have covered the stock in the last year is GBX 4,224.64 ($54.84).
A number of research analysts recently issued reports on WTB shares. Berenberg Bank reiterated a “buy” rating and set a GBX 5,000 ($64.91) target price on shares of Whitbread plc in a research report on Wednesday, April 19th. Barclays PLC restated an “equal weight” rating and set a GBX 3,925 ($50.95) price objective on shares of Whitbread plc in a report on Friday, June 9th. J P Morgan Chase & Co reiterated a “neutral” rating and issued a GBX 4,000 ($51.93) target price on shares of Whitbread plc in a report on Wednesday, June 28th. Panmure Gordon reiterated a “hold” rating on shares of Whitbread plc in a report on Wednesday, June 21st. Finally, Deutsche Bank AG reiterated a “buy” rating on shares of Whitbread plc in a report on Tuesday, May 23rd.
Whitbread plc (LON WTB) traded up 0.10% during midday trading on Tuesday, reaching GBX 3856.00. 260,016 shares of the company’s stock traded hands. The stock’s 50 day moving average price is GBX 3,885.42 and its 200 day moving average price is GBX 3,976.56. Whitbread plc has a 1-year low of GBX 3,365.00 and a 1-year high of GBX 4,333.00. The firm’s market cap is GBX 7.03 billion.
Whitbread plc Company Profile
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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