Whitbread plc’s (LON:WTB) Equal weight Rating Reiterated at Barclays PLC

Barclays PLC reiterated their equal weight rating on shares of Whitbread plc (LON:WTB) in a research report report published on Thursday, July 13th. They currently have a GBX 3,925 ($51.11) target price on the stock.

A number of other research analysts also recently weighed in on WTB. J P Morgan Chase & Co reiterated a neutral rating and issued a GBX 3,965 ($51.63) price objective on shares of Whitbread plc in a research report on Tuesday, March 28th. Credit Suisse Group reiterated an outperform rating and issued a GBX 4,550 ($59.25) price objective on shares of Whitbread plc in a research report on Wednesday, April 19th. Berenberg Bank reiterated a buy rating and issued a GBX 5,000 ($65.11) price objective on shares of Whitbread plc in a research report on Wednesday, April 19th. Deutsche Bank AG reiterated a buy rating on shares of Whitbread plc in a research report on Friday, April 21st. Finally, Shore Capital reiterated a buy rating on shares of Whitbread plc in a research report on Tuesday, April 25th. Three investment analysts have rated the stock with a sell rating, seven have issued a hold rating and eight have given a buy rating to the stock. Whitbread plc has a consensus rating of Hold and an average price target of GBX 4,193.18 ($54.61).

Whitbread plc (LON:WTB) traded up 0.39% on Thursday, hitting GBX 3829.00. The company had a trading volume of 381,211 shares. Whitbread plc has a one year low of GBX 3,365.00 and a one year high of GBX 4,333.00. The stock has a 50 day moving average of GBX 3,889.21 and a 200-day moving average of GBX 3,978.82. The stock’s market capitalization is GBX 6.98 billion.

TRADEMARK VIOLATION NOTICE: “Whitbread plc’s (LON:WTB) Equal weight Rating Reiterated at Barclays PLC” was originally posted by Stock Observer and is owned by of Stock Observer. If you are viewing this article on another publication, it was illegally stolen and republished in violation of United States and international copyright and trademark legislation. The correct version of this article can be read at https://www.thestockobserver.com/2017/08/12/whitbread-plc-lonwtb-earns-equal-weight-rating-from-barclays-plc-updated-updated-updated.html.

In other news, insider Adam Crozier purchased 1,000 shares of the company’s stock in a transaction dated Monday, May 15th. The stock was acquired at an average price of GBX 4,074 ($53.05) per share, with a total value of £40,740 ($53,053.78).

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.

Analyst Recommendations for Whitbread plc (LON:WTB)

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

Leave a Reply