Whitbread (LON:WTB) Receives “Equal weight” Rating from Barclays

Barclays reiterated their equal weight rating on shares of Whitbread (LON:WTB) in a report released on Thursday, December 7th. Barclays currently has a GBX 3,800 ($50.81) target price on the stock.

Other equities research analysts also recently issued reports about the stock. reiterated a buy rating and set a GBX 4,800 ($64.18) price objective on shares of Whitbread in a research note on Tuesday, September 26th. Deutsche Bank reissued a buy rating and set a GBX 4,400 ($58.83) target price on shares of Whitbread in a research report on Wednesday, October 11th. Morgan Stanley cut shares of Whitbread to an equal weight rating and reduced their target price for the stock from GBX 4,700 ($62.84) to GBX 4,500 ($60.17) in a research report on Wednesday, October 25th. Numis Securities reaffirmed a hold rating and issued a GBX 4,100 ($54.82) price target on shares of Whitbread in a report on Tuesday, October 24th. Finally, Liberum Capital reaffirmed a hold rating and issued a GBX 4,150 ($55.49) price target on shares of Whitbread in a report on Tuesday, October 24th. Four research 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. The stock has a consensus rating of Hold and an average price target of GBX 4,116.19 ($55.04).

Shares of Whitbread (LON WTB) traded down GBX 30 ($0.40) on Thursday, reaching GBX 3,970 ($53.08). 545,057 shares of the company’s stock were exchanged, compared to its average volume of 568,680. The firm has a market capitalization of $7,240.00 and a PE ratio of 1,544.75. Whitbread has a one year low of GBX 3,499.90 ($46.80) and a one year high of GBX 4,333 ($57.94).

The firm also recently disclosed a dividend, which was paid on Friday, December 15th. Stockholders of record on Thursday, November 9th were given a dividend of GBX 31.40 ($0.42) per share. The ex-dividend date of this dividend was Thursday, November 9th. This represents a dividend yield of 0.84%.

TRADEMARK VIOLATION NOTICE: This report was originally reported by TrueBlueTribune and is the sole property of of TrueBlueTribune. If you are reading this report on another domain, it was illegally stolen and republished in violation of US & international trademark and copyright legislation. The correct version of this report can be viewed at https://www.truebluetribune.com/2018/01/02/whitbreads-wtb-equal-weight-rating-reaffirmed-at-barclays.html.

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.

Analyst Recommendations for Whitbread (LON:WTB)

Receive News & Ratings for Whitbread Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Whitbread and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply