UBS Group Reiterates “Neutral” Rating for Whitbread (WTB)
Whitbread (LON:WTB)‘s stock had its “neutral” rating restated by analysts at UBS Group in a report released on Thursday, investing.thisismoney.co.uk reports. They currently have a GBX 4,875 ($63.70) price objective on the stock, up from their previous price objective of GBX 4,720 ($61.68). UBS Group’s price target points to a potential downside of 1.67% from the company’s current price.
Several other equities analysts also recently commented on WTB. Berenberg Bank upped their price objective on shares of Whitbread from GBX 4,900 ($64.03) to GBX 5,900 ($77.09) and gave the company a “buy” rating in a research note on Tuesday, October 23rd. Barclays reaffirmed an “equal weight” rating on shares of Whitbread in a research note on Tuesday, October 9th. Credit Suisse Group upped their price objective on shares of Whitbread from GBX 4,950 ($64.68) to GBX 5,600 ($73.17) and gave the company an “outperform” rating in a research note on Thursday, November 15th. Liberum Capital reaffirmed a “hold” rating on shares of Whitbread in a research note on Tuesday, October 23rd. Finally, Kepler Capital Markets reaffirmed a “hold” rating on shares of Whitbread in a research note on Tuesday, October 23rd. Eight research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus price target of GBX 4,760.29 ($62.20).
Whitbread stock opened at GBX 4,958 ($64.79) on Thursday. Whitbread has a twelve month low of GBX 3,499.90 ($45.73) and a twelve month high of GBX 4,333 ($56.62).
Whitbread PLC operates hotels, restaurants, and coffee shops. The company operates through two segments, Premier Inn and Costa. It operates approximately 785 hotels with 72,466 rooms in the United Kingdom, as well as hotels under the Premier Inn brand name; hotels under the hub by Premier Inn brand name in the United Kingdom; and restaurants under the Brewers Fayre, Beefeater Grill, Bar+Block, and Table Table brands.
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