Whitbread’s (LON:WTB) Outperform Rating Reaffirmed at Credit Suisse Group
Credit Suisse Group reiterated their outperform rating on shares of Whitbread (LON:WTB) in a research report sent to investors on Friday, February 16th. Credit Suisse Group currently has a GBX 4,950 ($68.39) price objective on the stock.
A number of other equities research analysts have also issued reports on the company. Deutsche Bank reissued a buy rating on shares of Whitbread in a research report on Friday, October 20th. Barclays reissued an equal weight rating and issued a GBX 3,800 ($52.50) target price on shares of Whitbread in a research report on Thursday, November 9th. Citigroup reissued a sell rating and issued a GBX 3,200 ($44.21) target price on shares of Whitbread in a research report on Wednesday, October 25th. HSBC reissued a buy rating and issued a GBX 4,800 ($66.32) target price on shares of Whitbread in a research report on Friday, February 16th. Finally, Morgan Stanley lowered Whitbread to an equal weight rating and lowered their price target for the stock from GBX 4,700 ($64.94) to GBX 4,500 ($62.17) in a research report on Wednesday, October 25th. Four research analysts have rated the stock with a sell rating, six have assigned a hold rating and seven have issued a buy rating to the stock. The stock has a consensus rating of Hold and an average price target of GBX 4,190 ($57.89).
Shares of Whitbread (LON WTB) traded down GBX 50 ($0.69) during trading on Friday, reaching GBX 3,826 ($52.86). The company had a trading volume of 415,612 shares, compared to its average volume of 553,435. Whitbread has a 1-year low of GBX 3,499.90 ($48.35) and a 1-year high of GBX 4,333 ($59.86). The firm has a market cap of $7,110.00 and a price-to-earnings ratio of 1,488.72.
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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