Whitbread’s (WTB) Equal weight Rating Reaffirmed at Barclays

Barclays reiterated their equal weight rating on shares of Whitbread (LON:WTB) in a research note issued to investors on Tuesday morning.

Other equities research analysts have also issued research reports about the stock. Numis Securities reissued an add rating and issued a GBX 5,400 ($70.56) price target on shares of Whitbread in a report on Friday, September 7th. Canaccord Genuity reissued a buy rating and issued a GBX 4,500 ($58.80) price target on shares of Whitbread in a report on Friday, August 31st. Shore Capital reissued a buy rating on shares of Whitbread in a report on Wednesday, June 27th. Deutsche Bank reissued a buy rating on shares of Whitbread in a report on Thursday, June 21st. Finally, Kepler Capital Markets boosted their price target on shares of Whitbread from GBX 4,200 ($54.88) to GBX 4,900 ($64.03) and gave the stock a hold rating in a report on Monday, September 3rd. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating and eight have given a buy rating to the stock. The stock has an average rating of Hold and a consensus target price of GBX 4,565.88 ($59.66).

Shares of LON WTB opened at GBX 4,584 ($59.90) on Tuesday. Whitbread has a one year low of GBX 3,499.90 ($45.73) and a one year high of GBX 4,333 ($56.62).

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: Intrinsic Value and Stock Selection

Analyst Recommendations for Whitbread (LON:WTB)

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