Whitbread (WTB) Rating Reiterated by Barclays

Whitbread (LON:WTB)‘s stock had its “equal weight” rating reiterated by analysts at Barclays in a research note issued on Thursday. They presently have a GBX 3,800 ($51.14) price target on the stock. Barclays’ price target would indicate a potential downside of 2.51% from the stock’s previous close.

A number of other analysts also recently commented on the company. Citigroup downgraded Whitbread to a “sell” rating and lowered their target price for the stock from GBX 4,800 ($64.60) to GBX 3,200 ($43.07) in a research note on Tuesday, September 12th. Deutsche Bank restated a “buy” rating on shares of Whitbread in a research note on Friday, October 20th. Morgan Stanley restated an “overweight” rating and issued a GBX 4,700 ($63.26) target price on shares of Whitbread in a research note on Thursday, October 5th. Numis Securities restated a “hold” rating and issued a GBX 4,100 ($55.18) target price on shares of Whitbread in a research note on Tuesday, October 24th. Finally, J P Morgan Chase & Co reiterated a “neutral” rating and set a GBX 4,000 ($53.84) price target on shares of Whitbread in a research report on Wednesday, October 25th. Four analysts have rated the stock with a sell rating, six have given a hold rating and seven have issued a buy rating to the company. Whitbread currently has an average rating of “Hold” and an average price target of GBX 4,122.44 ($55.48).

Shares of Whitbread (LON WTB) opened at GBX 3,897.97 ($52.46) on Thursday. Whitbread has a one year low of GBX 3,388 ($45.60) and a one year high of GBX 4,333 ($58.32).

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Whitbread 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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