Shares of Whitbread plc (LON:WTB) have been given a consensus recommendation of “Hold” by the seventeen ratings firms that are presently covering the firm, Marketbeat.com reports. Four investment analysts have rated the stock with a sell rating, six have assigned a hold rating and seven have assigned a buy rating to the company. The average 1-year price objective among brokerages that have updated their coverage on the stock in the last year is GBX 4,149.62 ($54.76).
Several brokerages recently issued reports on WTB. Barclays PLC reissued an “equal weight” rating and set a GBX 3,925 ($51.79) price target on shares of Whitbread plc in a report on Thursday, July 13th. Goldman Sachs Group, Inc. (The) raised shares of Whitbread plc to a “sell” rating and set a GBX 3,900 ($51.46) target price for the company in a research note on Tuesday, August 22nd. Morgan Stanley reaffirmed an “overweight” rating and issued a GBX 4,700 ($62.02) target price on shares of Whitbread plc in a research note on Tuesday, September 5th. Citigroup Inc. downgraded shares of Whitbread plc to a “sell” rating and dropped their target price for the stock from GBX 4,800 ($63.34) to GBX 3,200 ($42.23) in a research note on Tuesday, September 12th. Finally, HSBC Holdings plc reaffirmed a “buy” rating and issued a GBX 4,800 ($63.34) target price on shares of Whitbread plc in a research note on Tuesday, September 26th.
Whitbread plc (WTB) traded up GBX 53 ($0.70) on Friday, reaching GBX 3,705 ($48.89). The company had a trading volume of 635,287 shares.
The business also recently declared a dividend, which will be paid on Friday, December 15th. Stockholders of record on Thursday, November 9th will be issued a GBX 31.40 ($0.41) dividend. This represents a dividend yield of 0.84%. The ex-dividend date of this dividend is Thursday, November 9th.
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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.
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