Whitbread (WTB) Rating Reiterated by Citigroup

Whitbread (LON:WTB)‘s stock had its “sell” rating reaffirmed by investment analysts at Citigroup in a research report issued on Monday. They currently have a GBX 3,200 ($43.07) target price on the stock. Citigroup’s target price would suggest a potential downside of 17.18% from the stock’s previous close.

WTB has been the subject of a number of other reports. Beaufort Securities reduced their price target on shares of Whitbread from GBX 3,600 ($48.45) to GBX 3,400 ($45.76) and set a “sell” rating for the company in a report on Tuesday, October 24th. J P Morgan Chase & Co restated a “neutral” rating and issued a GBX 4,000 ($53.84) price target on shares of Whitbread in a report on Wednesday, September 27th. Morgan Stanley cut shares of Whitbread to an “equal weight” rating and reduced their price target for the stock from GBX 4,700 ($63.26) to GBX 4,500 ($60.57) in a report on Wednesday, October 25th. Numis Securities restated a “hold” rating and issued a GBX 4,100 ($55.18) price target on shares of Whitbread in a report on Tuesday, October 24th. Finally, restated a “buy” rating and issued a GBX 4,800 ($64.60) price target on shares of Whitbread in a report on Tuesday, September 26th. Four analysts have rated the stock with a sell rating, six have issued a hold rating and seven have given a buy rating to the company. Whitbread presently has an average rating of “Hold” and a consensus price target of GBX 4,116.19 ($55.40).

Shares of Whitbread (LON:WTB) opened at GBX 3,864 ($52.01) on Monday. Whitbread has a twelve month low of GBX 3,499.90 ($47.10) and a twelve month high of GBX 4,333 ($58.32).

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About Whitbread

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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