Whitbread (WTB) Stock Rating Reaffirmed by Barclays

Whitbread (LON:WTB)‘s stock had its “equal weight” rating restated by stock analysts at Barclays in a research note issued to investors on Thursday. They presently have a GBX 4,400 ($59.69) target price on the stock. Barclays’ target price indicates a potential upside of 5.79% from the stock’s previous close.

Several other analysts have also issued reports on WTB. Numis Securities reissued a “hold” rating and set a GBX 4,300 ($58.33) price target on shares of Whitbread in a report on Wednesday, April 25th. Canaccord Genuity reissued a “buy” rating and set a GBX 4,500 ($61.04) price target on shares of Whitbread in a report on Wednesday, April 25th. Citigroup reissued a “sell” rating and set a GBX 3,100 ($42.05) price target on shares of Whitbread in a report on Thursday, April 26th. Liberum Capital reissued a “hold” rating on shares of Whitbread in a report on Friday, May 4th. Finally, JPMorgan Chase reissued a “neutral” rating and set a GBX 4,020 ($54.53) price target on shares of Whitbread in a report on Friday, January 19th. Three investment analysts have rated the stock with a sell rating, eight have issued a hold rating and eight have given a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average target price of GBX 4,312.22 ($58.49).

LON:WTB opened at GBX 4,159 ($56.42) on Thursday. Whitbread has a 52-week low of GBX 3,499.90 ($47.48) and a 52-week high of GBX 4,333 ($58.78).

In related news, insider Louise Smalley sold 12,429 shares of the business’s stock in a transaction dated Thursday, May 3rd. The stock was sold at an average price of GBX 4,245 ($57.58), for a total value of £527,611.05 ($715,695.94).

Whitbread Company Profile

Whitbread PLC operates hotels, restaurants, and coffee shops. The company operates through two segments, Premier Inn & Restaurants and Costa. It operates approximately 760 hotels with 68,000 rooms in the United Kingdom, the Middle East, and Germany, 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, and Table Table brands.

Analyst Recommendations for Whitbread (LON:WTB)

Receive News & Ratings for Whitbread Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Whitbread and related companies with MarketBeat.com's FREE daily email newsletter.



Leave a Reply