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 note issued to investors on Monday morning. They currently have a GBX 4,400 ($57.43) target price on the stock.
A number of other equities analysts also recently weighed in on WTB. Deutsche Bank AG reaffirmed a buy rating and set a GBX 4,665 ($60.89) target price on shares of Whitbread plc in a research note on Thursday, July 14th. Beaufort Securities reaffirmed a buy rating on shares of Whitbread plc in a research note on Wednesday, June 22nd. Berenberg Bank reaffirmed a buy rating and set a GBX 5,000 ($65.27) target price on shares of Whitbread plc in a research note on Wednesday, August 10th. Barclays PLC reaffirmed an equal weight rating and set a GBX 4,150 ($54.17) target price on shares of Whitbread plc in a research note on Wednesday, June 15th. Finally, Kepler Capital Markets decreased their target price on shares of Whitbread plc from GBX 4,200 ($54.82) to GBX 3,500 ($45.69) and set a hold rating for the company in a research note on Wednesday, July 6th. One equities research analyst has rated the stock with a sell rating, ten have given a hold rating and twelve have assigned a buy rating to the stock. Whitbread plc has a consensus rating of Hold and a consensus price target of GBX 4,510.79 ($58.88).
Whitbread plc (LON:WTB) opened at 3997.00 on Monday. Whitbread plc has a 52 week low of GBX 3,283.00 and a 52 week high of GBX 4,968.00. The stock has a 50 day moving average price of GBX 4,060.86 and a 200-day moving average price of GBX 3,924.78. The stock’s market cap is GBX 7.26 billion.
In other news, insider Cadbury ,Nicholas sold 12,138 shares of the business’s 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 value of £424,951.38 ($554,694.40). Also, insider Smalley,Louise sold 470 shares of the business’s stock in a transaction dated Monday, August 8th. The stock was sold at an average price of GBX 3,962 ($51.72), for a total transaction of £18,621.40 ($24,306.75).
Whitbread plc Company Profile
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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