Deutsche Bank AG Reiterates Buy Rating for Whitbread plc (WTB)
Other equities analysts have also issued reports about the company. Kepler Capital Markets dropped their price target on 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. Berenberg Bank reissued a buy rating and set a GBX 5,000 ($65.27) price target on shares of Whitbread plc in a research note on Wednesday, August 10th. Barclays PLC lowered Whitbread plc to an underweight rating and dropped their price target for the company from GBX 4,150 ($54.17) to GBX 3,220 ($42.03) in a research note on Tuesday, July 5th. Credit Suisse Group AG lowered Whitbread plc to a neutral rating and dropped their price target for the company from GBX 4,900 ($63.96) to GBX 4,400 ($57.43) in a research note on Thursday, June 30th. Finally, JPMorgan Chase & Co. reissued an overweight rating and set a GBX 4,400 ($57.43) price target on shares of Whitbread plc in a research note on Thursday, June 16th. One equities research analyst has rated the stock with a sell rating, ten have issued a hold rating and twelve have given a buy rating to the stock. Whitbread plc has an average rating of Hold and a consensus target price of GBX 4,514.89 ($58.93).
Whitbread plc (LON:WTB) opened at 3883.00 on Monday. The company has a 50 day moving average price of GBX 4,057.76 and a 200-day moving average price of GBX 3,934.77. The company’s market capitalization is GBX 7.06 billion. Whitbread plc has a one year low of GBX 3,283.00 and a one year high of GBX 4,968.00.
In other Whitbread plc news, insider Smalley,Louise sold 470 shares of the firm’s stock in a transaction on 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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