Whitbread plc’s (WTB) “Equal weight” Rating Reiterated at Barclays PLC
Barclays PLC restated their equal weight rating on shares of Whitbread plc (LON:WTB) in a research report released on Thursday. The brokerage currently has a GBX 3,800 ($49.98) price objective on the stock.
A number of other analysts have also recently issued reports on the company. Citigroup Inc. cut Whitbread plc to a sell rating and dropped their price objective for the stock from GBX 4,800 ($63.13) to GBX 3,200 ($42.09) in a report on Tuesday, September 12th. Deutsche Bank AG reaffirmed a buy rating on shares of Whitbread plc in a report on Friday, October 20th. Morgan Stanley reaffirmed an overweight rating and issued a GBX 4,700 ($61.82) price target on shares of Whitbread plc in a report on Thursday, October 5th. Numis Securities Ltd reaffirmed a hold rating and issued a GBX 4,100 ($53.93) price target on shares of Whitbread plc in a report on Tuesday, October 24th. Finally, Goldman Sachs Group, Inc. (The) raised Whitbread plc to a sell rating and set a GBX 3,900 ($51.30) price target on the stock in a report on Tuesday, August 22nd. Four research analysts have rated the stock with a sell rating, six have issued a hold rating and seven have issued a buy rating to the stock. Whitbread plc has an average rating of Hold and an average price target of GBX 4,122.44 ($54.22).
Shares of Whitbread plc (LON WTB) opened at GBX 3,570 ($46.96) on Thursday. Whitbread plc has a 1-year low of GBX 3,365 ($44.26) and a 1-year high of GBX 4,333 ($56.99).
The business also recently declared a dividend, which will be paid on Friday, December 15th. Investors of record on Thursday, November 9th will be given a dividend of GBX 31.40 ($0.41) per share. The ex-dividend date of this dividend is Thursday, November 9th. This represents a yield of 0.84%.
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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