Shares of Whitbread plc (LON:WTB) traded up 0% on Thursday . The stock traded as high as GBX 3,560 ($46.82) and last traded at GBX 3,602 ($47.38). 394,262 shares were traded during trading, a decline of 50% from the average session volume of 785,305 shares. The stock had previously closed at GBX 3,602 ($47.38).

Several analysts recently weighed in on the company. Beaufort Securities dropped their price target on Whitbread plc from GBX 3,600 ($47.35) to GBX 3,400 ($44.72) and set a “sell” rating for the company in a report on Tuesday, October 24th. J P Morgan Chase & Co reissued a “neutral” rating and set a GBX 4,000 ($52.61) price target on shares of Whitbread plc in a report on Wednesday, September 27th. Morgan Stanley cut Whitbread plc to an “equal weight” rating and dropped their price target for the stock from GBX 4,700 ($61.82) to GBX 4,500 ($59.19) in a report on Wednesday, October 25th. Numis Securities Ltd reissued a “hold” rating and set a GBX 4,100 ($53.93) price target on shares of Whitbread plc in a report on Tuesday, October 24th. Finally, reissued a “buy” rating and set a GBX 4,800 ($63.13) price target on shares of Whitbread plc in a report on Tuesday, September 26th. Four research analysts have rated the stock with a sell rating, six have assigned a hold rating and seven have given a buy rating to the company. The company has an average rating of “Hold” and an average price target of GBX 4,122.44 ($54.22).

The business also recently disclosed a dividend, which will be paid on Friday, December 15th. Shareholders of record on Thursday, November 9th will be paid a dividend of GBX 31.40 ($0.41) per share. The ex-dividend date is Thursday, November 9th. This represents a yield of 0.84%.

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About Whitbread plc

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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