Whitbread (LON:WTB) was downgraded by analysts at Morgan Stanley to an “equal weight” rating in a research report issued to clients and investors on Thursday, ThisIsMoney.Co.Uk reports. They currently have a GBX 5,200 ($67.95) price target on the stock, down from their prior price target of GBX 5,500 ($71.87). Morgan Stanley’s target price indicates a potential upside of 7.11% from the company’s current price.

A number of other equities analysts have also recently weighed in on WTB. Barclays raised Whitbread to an “overweight” rating and raised their price objective for the company from GBX 5,000 ($65.33) to GBX 5,200 ($67.95) in a report on Friday, January 4th. Numis Securities reissued an “add” rating and set a GBX 5,400 ($70.56) price objective on shares of Whitbread in a report on Tuesday, January 8th. UBS Group reissued a “neutral” rating and set a GBX 4,875 ($63.70) price objective (up from GBX 4,720 ($61.68)) on shares of Whitbread in a report on Thursday, January 10th. JPMorgan Chase & Co. reissued an “overweight” rating and set a GBX 5,300 ($69.25) price objective (down from GBX 5,500 ($71.87)) on shares of Whitbread in a report on Friday, January 11th. Finally, Royal Bank of Canada raised their price objective on Whitbread from GBX 4,700 ($61.41) to GBX 5,000 ($65.33) and gave the company a “sector performer” rating in a report on Friday, January 11th. Eleven research analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus target price of GBX 4,857.81 ($63.48).

Shares of LON WTB opened at GBX 4,855 ($63.44) on Thursday. The stock has a market cap of $8.68 billion and a P/E ratio of 20.37. The company has a debt-to-equity ratio of 32.10, a quick ratio of 0.12 and a current ratio of 0.96. Whitbread has a 1-year low of GBX 3,640 ($47.56) and a 1-year high of GBX 5,162 ($67.45).

In related news, insider Frank Fiskers purchased 610 shares of Whitbread stock in a transaction that occurred on Thursday, February 28th. The shares were acquired at an average cost of GBX 4,857 ($63.47) per share, for a total transaction of £29,627.70 ($38,713.84). Also, insider Louise Smalley sold 3,313 shares of the firm’s stock in a transaction that occurred on Monday, February 25th. The stock was sold at an average price of GBX 4,891 ($63.91), for a total value of £162,038.83 ($211,732.43).

About Whitbread

Whitbread PLC operates hotels, restaurants, and coffee shops. The company operates through two segments, Premier Inn and Costa. It operates approximately 785 hotels with 72,466 rooms in the United Kingdom, as well as hotels under the Premier Inn brand name; hotels under the hub by Premier Inn brand name in the United Kingdom; and restaurants under the Brewers Fayre, Beefeater Grill, Bar+Block, and Table Table brands.

Read More: Earnings Per Share

Analyst Recommendations for Whitbread (LON:WTB)

Receive News & Ratings for Whitbread Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Whitbread and related companies with MarketBeat.com's FREE daily email newsletter.