Whitbread (LON:WTB) had its price objective lowered by Morgan Stanley from GBX 4,300 ($59.41) to GBX 4,200 ($58.03) in a research note issued to investors on Thursday morning. The brokerage currently has an equal weight rating on the stock.
Several other analysts have also commented on WTB. JPMorgan Chase reissued a neutral rating and set a GBX 4,020 ($55.54) target price on shares of Whitbread in a research note on Friday, January 19th. Barclays restated an equal weight rating and set a GBX 3,920 ($54.16) price target on shares of Whitbread in a report on Thursday, February 1st. Liberum Capital restated a hold rating and set a GBX 4,150 ($57.34) price target on shares of Whitbread in a report on Thursday, January 4th. Numis Securities restated a hold rating and set a GBX 4,300 ($59.41) price target on shares of Whitbread in a report on Monday, January 22nd. Finally, Shore Capital restated a buy rating on shares of Whitbread in a report on Friday, January 19th. Four research analysts have rated the stock with a sell rating, six have issued a hold rating and seven have issued a buy rating to the company’s stock. Whitbread presently has a consensus rating of Hold and an average price target of GBX 4,171.25 ($57.63).
WTB stock opened at GBX 3,700 ($51.12) on Thursday. Whitbread has a 12 month low of GBX 3,499.90 ($48.35) and a 12 month high of GBX 4,333 ($59.86).
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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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