Whitbread plc (WTB) Rating Reiterated by Barclays PLC
Whitbread plc (LON:WTB)‘s stock had its “underweight” rating restated by equities researchers at Barclays PLC in a report issued on Wednesday.
A number of other equities research analysts also recently commented on the stock. Kepler Capital Markets cut their target price on shares of Whitbread plc from GBX 3,500 ($43.42) to GBX 3,300 ($40.94) and set a “reduce” rating for the company in a research report on Wednesday. HSBC reissued a “buy” rating and set a GBX 4,800 ($59.55) price objective on shares of Whitbread plc in a research report on Monday, November 14th. Morgan Stanley reissued an “overweight” rating and set a GBX 4,700 ($58.31) price objective on shares of Whitbread plc in a research report on Tuesday, November 8th. Davy Research reissued an “outperform” rating on shares of Whitbread plc in a research report on Tuesday, November 1st. Finally, Canaccord Genuity cut their price objective on shares of Whitbread plc from GBX 5,000 ($62.03) to GBX 4,500 ($55.82) and set a ” buy” rating for the company in a research report on Thursday, October 27th. Two analysts have rated the stock with a sell rating, eight have given a hold rating and twelve have given a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus target price of GBX 4,391 ($54.47).
Whitbread plc (LON:WTB) opened at 3482.00 on Wednesday. Whitbread plc has a 1-year low of GBX 3,283.00 and a 1-year high of GBX 4,826.00. The company’s market cap is GBX 6.34 billion. The company has a 50-day moving average price of GBX 3,633.25 and a 200-day moving average price of GBX 3,873.57.
The company also recently declared a dividend, which will be paid on Friday, December 16th. Investors of record on Thursday, November 10th will be issued a dividend of GBX 29.90 ($0.37) per share. The ex-dividend date of this dividend is Thursday, November 10th. This represents a yield of 0.81%.
Whitbread plc Company Profile
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.
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