Whitbread (LON: WTB) was downgraded by research analysts at HB Markets to a “hold” rating in a report released on Wednesday.

Whitbread traded down 0.61% on Wednesday, hitting GBX 2454.00. Whitbread has a 52-week low of GBX 1633.00 and a 52-week high of GBX 2694.00. The stock’s 50-day moving average is currently GBX 2262.07. The company’s market cap is £4.382 billion.

WTB has been the subject of a number of other recent research reports. Analysts at Raymond James reiterated an “outperform” rating on shares of Whitbread in a research note to investors on Wednesday. They now have a $42.15 price target on the stock. Separately, analysts at Oriel Securities Ltd reiterated a “hold” rating on shares of Whitbread in a research note to investors on Tuesday. Finally, analysts at Liberum Capital reiterated a “buy” rating on shares of Whitbread in a research note to investors on Tuesday.

Whitbread PLC is engaged in the operation of a hotels and restaurants business and a coffee shop business.

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