Whitbread plc’s (WTB) “Equal weight” Rating Reaffirmed at Barclays PLC
Other analysts also recently issued reports about the company. Panmure Gordon reiterated a hold rating on shares of Whitbread plc in a research report on Wednesday, June 21st. Kepler Capital Markets upped their target price on Whitbread plc from GBX 3,500 ($45.34) to GBX 3,600 ($46.63) and gave the company a reduce rating in a research report on Thursday, June 22nd. J P Morgan Chase & Co reiterated a neutral rating and set a GBX 4,000 ($51.81) target price on shares of Whitbread plc in a research report on Wednesday, June 28th. Credit Suisse Group reiterated an outperform rating and set a GBX 4,870 ($63.08) target price on shares of Whitbread plc in a research report on Monday, July 3rd. Finally, Beaufort Securities began coverage on Whitbread plc in a research report on Tuesday, April 25th. They set a sell rating and a GBX 3,600 ($46.63) target price for the company. Three equities research analysts have rated the stock with a sell rating, six have issued a hold rating and eight have issued a buy rating to the stock. Whitbread plc currently has an average rating of Hold and an average price target of GBX 4,211.50 ($54.55).
Whitbread plc (WTB) remained flat at GBX 3872.00 on Thursday. The company’s stock had a trading volume of 317,643 shares. The company’s market cap is GBX 7.06 billion. The firm has a 50 day moving average price of GBX 4,078.31 and a 200-day moving average price of GBX 3,966.82. Whitbread plc has a 1-year low of GBX 3,365.00 and a 1-year high of GBX 4,333.00.
The firm also recently disclosed a dividend, which was paid on Friday, June 30th. Investors of record on Thursday, May 25th were given a dividend of GBX 65.90 ($0.85) per share. This is an increase from Whitbread plc’s previous dividend of $29.90. This represents a dividend yield of 1.65%. The ex-dividend date of this dividend was Thursday, May 25th.
In other Whitbread plc news, insider Adam Crozier acquired 1,000 shares of the company’s stock in a transaction that occurred on Monday, May 15th. The stock was acquired at an average cost of GBX 4,074 ($52.77) per share, for a total transaction of £40,740 ($52,772.02).
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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