Whitbread’s (WTB) Neutral Rating Reiterated at JPMorgan Chase & Co.
JPMorgan Chase & Co. reiterated their neutral rating on shares of Whitbread (LON:WTB) in a report released on Friday morning. JPMorgan Chase & Co. currently has a GBX 4,020 ($54.52) price target on the stock.
WTB has been the subject of a number of other research reports. Beaufort Securities decreased their price objective on shares of Whitbread from GBX 3,600 ($48.82) to GBX 3,400 ($46.11) and set a sell rating for the company in a research report on Tuesday, October 24th. Citigroup reissued a sell rating and issued a GBX 3,200 ($43.40) price objective on shares of Whitbread in a research report on Monday, December 18th. Morgan Stanley downgraded shares of Whitbread to an equal weight rating and decreased their price objective for the company from GBX 4,700 ($63.74) to GBX 4,500 ($61.03) in a research report on Wednesday, October 25th. Numis Securities reissued a hold rating and issued a GBX 4,100 ($55.60) price objective on shares of Whitbread in a research report on Tuesday, October 24th. Finally, Berenberg Bank decreased their price objective on shares of Whitbread from GBX 5,000 ($67.81) to GBX 4,900 ($66.45) and set a buy rating for the company in a research report on Wednesday, December 20th. Four investment analysts have rated the stock with a sell rating, six have issued a hold rating and seven have issued a buy rating to the company. The stock currently has an average rating of Hold and a consensus price target of GBX 4,131.19 ($56.02).
Shares of Whitbread (LON WTB) traded down GBX 15 ($0.20) on Friday, hitting GBX 3,990 ($54.11). 683,995 shares of the stock were exchanged, compared to its average volume of 529,051. Whitbread has a 52 week low of GBX 3,499.90 ($47.46) and a 52 week high of GBX 4,333 ($58.76). The company has a market cap of $7,320.00 and a P/E ratio of 1,552.53.
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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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