Whitbread plc (WTB) Earns Equal weight Rating from Barclays PLC

Barclays PLC reaffirmed their equal weight rating on shares of Whitbread plc (LON:WTB) in a report released on Thursday morning. They currently have a GBX 3,925 ($51.25) price objective on the stock.

A number of other research analysts have also commented on the company. Liberum Capital assumed coverage on Whitbread plc in a report on Wednesday, July 5th. They set a hold rating and a GBX 4,150 ($54.19) price target on the stock. Morgan Stanley reaffirmed an overweight rating and set a GBX 4,700 ($61.37) target price on shares of Whitbread plc in a report on Monday, July 3rd. Credit Suisse Group reaffirmed an outperform rating and set a GBX 4,870 ($63.59) target price on shares of Whitbread plc in a report on Monday, July 3rd. J P Morgan Chase & Co reaffirmed a neutral rating and set a GBX 4,000 ($52.23) target price on shares of Whitbread plc in a report on Wednesday, June 28th. Finally, HSBC Holdings plc reaffirmed a buy rating and set a GBX 4,800 ($62.68) target price on shares of Whitbread plc in a report on Monday, June 26th. Three investment analysts have rated the stock with a sell rating, seven have given a hold rating and eight have assigned a buy rating to the company. The company currently has an average rating of Hold and an average target price of GBX 4,193.18 ($54.76).

Shares of Whitbread plc (WTB) opened at 3894.00 on Thursday. The company has a 50 day moving average of GBX 4,078.31 and a 200 day moving average of GBX 3,966.82. The stock’s market capitalization is GBX 7.10 billion. Whitbread plc has a 52-week low of GBX 3,365.00 and a 52-week high of GBX 4,333.00.

COPYRIGHT VIOLATION WARNING: This news story was first published by Community Financial News and is the property of of Community Financial News. If you are viewing this news story on another publication, it was stolen and reposted in violation of United States & international copyright and trademark law. The legal version of this news story can be accessed at https://www.com-unik.info/2017/07/18/whitbread-plc-wtb-earns-equal-weight-rating-from-barclays-plc.html.

The business also recently declared a dividend, which was paid on Friday, June 30th. Investors of record on Thursday, May 25th were paid a GBX 65.90 ($0.86) dividend. The ex-dividend date of this dividend was Thursday, May 25th. This represents a yield of 1.65%. This is a boost from Whitbread plc’s previous dividend of $29.90.

In related news, insider Adam Crozier purchased 1,000 shares of the company’s stock in a transaction that occurred on Monday, May 15th. The shares were purchased at an average price of GBX 4,074 ($53.20) per share, with a total value of £40,740 ($53,199.27).

Whitbread plc Company Profile

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.

Analyst Recommendations for Whitbread plc (LON:WTB)

What are top analysts saying about Whitbread plc? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Whitbread plc and related companies.


Leave a Reply

share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit