Whitbread (WTB) Earns Buy Rating from Deutsche Bank
Whitbread (LON:WTB)‘s stock had its “buy” rating reaffirmed by analysts at Deutsche Bank in a note issued to investors on Thursday.
A number of other equities analysts have also commented on the company. Barclays reissued an “equal weight” rating and set a GBX 3,800 ($52.50) price target on shares of Whitbread in a research note on Thursday, November 9th. Citigroup reaffirmed a “sell” rating and issued a GBX 3,200 ($44.21) price objective on shares of Whitbread in a research note on Monday, December 18th. Liberum Capital reaffirmed a “hold” rating and issued a GBX 4,150 ($57.34) price objective on shares of Whitbread in a research note on Friday, January 19th. Berenberg Bank lowered their price objective on Whitbread from GBX 5,000 ($69.08) to GBX 4,900 ($67.70) and set a “buy” rating for the company in a research note on Wednesday, December 20th. Finally, JPMorgan Chase & Co. raised their price objective on Whitbread from GBX 4,010 ($55.40) to GBX 4,020 ($55.54) and gave the company a “neutral” rating in a research note on Friday, January 12th. Four research analysts have rated the stock with a sell rating, six have issued a hold rating and seven have assigned a buy rating to the stock. Whitbread has an average rating of “Hold” and an average target price of GBX 4,190 ($57.89).
Whitbread (WTB) opened at GBX 3,799 ($52.49) on Thursday. Whitbread has a one year low of GBX 3,499.90 ($48.35) and a one year high of GBX 4,333 ($59.86). The company has a market capitalization of $6,970.00 and a P/E ratio of 1,478.21.
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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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