Whitbread plc (WTB) Earns “Hold” Rating from Numis Securities Ltd
Numis Securities Ltd restated their hold rating on shares of Whitbread plc (LON:WTB) in a research report report published on Monday morning. They currently have a GBX 4,400 ($57.43) target price on the stock.
Other analysts also recently issued reports about the stock. Deutsche Bank AG reissued a buy rating and set a GBX 4,665 ($60.89) price target on shares of Whitbread plc in a report on Thursday, July 14th. Beaufort Securities reissued a buy rating on shares of Whitbread plc in a report on Wednesday, June 22nd. Berenberg Bank reissued a buy rating and set a GBX 5,000 ($65.27) price target on shares of Whitbread plc in a report on Wednesday, August 10th. Barclays PLC reissued an equal weight rating and set a GBX 4,150 ($54.17) price target on shares of Whitbread plc in a report on Wednesday, June 15th. Finally, Kepler Capital Markets lowered their price target on shares of Whitbread plc from GBX 4,200 ($54.82) to GBX 3,500 ($45.69) and set a hold rating on the stock in a report on Wednesday, July 6th. One research analyst has rated the stock with a sell rating, ten have assigned a hold rating and twelve have issued a buy rating to the company’s stock. The stock presently has an average rating of Hold and an average price target of GBX 4,510.79 ($58.88).
Shares of Whitbread plc (LON:WTB) opened at 3997.00 on Monday. The company’s market capitalization is GBX 7.26 billion. The stock has a 50 day moving average of GBX 4,060.86 and a 200-day moving average of GBX 3,924.78. Whitbread plc has a 12-month low of GBX 3,283.00 and a 12-month high of GBX 4,968.00.
In other Whitbread plc news, insider Cadbury ,Nicholas sold 12,138 shares of Whitbread plc stock in a transaction dated Friday, July 1st. The shares were sold at an average price of GBX 3,501 ($45.70), for a total transaction of £424,951.38 ($554,694.40). Also, insider Smalley,Louise sold 470 shares of Whitbread plc stock in a transaction dated Monday, August 8th. The shares were sold at an average price of GBX 3,962 ($51.72), for a total transaction of £18,621.40 ($24,306.75).
About Whitbread plc
Whitbread PLC is a United Kingdom-based 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 generates income from the operation of its branded, owned and franchised coffee outlets.
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