Shore Capital Reiterates “Buy” Rating for Whitbread (WTB)
A number of other brokerages have also issued reports on WTB. Barclays raised their target price on Whitbread from GBX 3,800 ($52.50) to GBX 3,900 ($53.88) and gave the stock an equal weight rating in a research note on Wednesday, January 3rd. Deutsche Bank restated a buy rating on shares of Whitbread in a research note on Thursday. Liberum Capital restated a hold rating and issued a GBX 4,150 ($57.34) target price on shares of Whitbread in a research note on Friday, January 19th. Finally, Numis Securities restated a hold rating and issued a GBX 4,300 ($59.41) target price on shares of Whitbread in a research note on Monday, January 22nd. Four investment analysts have rated the stock with a sell rating, six have assigned a hold rating and seven have issued a buy rating to the company’s stock. The stock currently has an average rating of Hold and an average target price of GBX 4,190 ($57.89).
Shares of Whitbread (LON WTB) opened at GBX 3,799 ($52.49) on Thursday. The company has a market capitalization of $6,970.00 and a price-to-earnings ratio of 1,478.21. Whitbread has a twelve month low of GBX 3,499.90 ($48.35) and a twelve month high of GBX 4,333 ($59.86).
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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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