November 30, 2016 - By Vivian Park
Whitbread PLC (LON:WTB) had its stock rating noted as Underweight by analysts at Barclays Capital. Barclays Capital currently has a GBX 3340.00 target price per share on the 6.30 billion GBP market cap company or -3.41% downside potential. This was revealed to clients and investors in an analyst report on Wednesday morning.
Out of 26 analysts covering Whitbread PLC (LON:WTB), 14 rate it a “Buy”, 2 “Sell”, while 10 “Hold”. This means 54% are positive. GBX 6000 is the highest target while GBX 3220 is the lowest. The GBX 4470.95 average target is 29.97% above today’s (GBX 3440) stock price. Whitbread PLC has been the topic of 169 analyst reports since July 24, 2015 according to StockzIntelligence Inc. The firm has “Outperform” rating by Credit Suisse given on Friday, August 28. Deutsche Bank maintained Whitbread plc (LON:WTB) on Wednesday, June 29 with “Buy” rating. The firm has “Buy” rating given on Friday, September 18 by Canaccord Genuity. As per Friday, January 22, the company rating was maintained by Canaccord Genuity. The stock has “Buy” rating given by Nomura on Monday, December 7. The stock has “Hold” rating given by Panmure Gordon on Thursday, September 15. The company was maintained on Monday, February 8 by Morgan Stanley. Barclays Capital maintained Whitbread plc (LON:WTB) on Friday, March 4 with “Equal Weight” rating. Canaccord Genuity maintained the stock with “Buy” rating in Friday, December 18 report. The firm has “Sell” rating given on Thursday, December 10 by Panmure Gordon.
About 116,498 shares traded hands. Whitbread plc (LON:WTB) has declined 9.58% since May 3, 2016 and is downtrending. It has underperformed by 14.81% the S&P500.
Whitbread PLC is a hospitality company. The company has a market cap of 6.30 billion GBP. The Firm operates hotels, coffee shops and restaurants. It has a 15.85 P/E ratio. The Firm operates in two divisions: Hotels & Restaurants, and Costa.
More news for Whitbread plc (LON:WTB) were recently published by: Fool.Co.Uk, which released: “It’s happy hour at the Restaurant Group plc and Whitbread plc” on October 27, 2016. Fool.Co.Uk‘s article titled: “Why I’m bullish on Tullow Oil plc, Whitbread plc and Boohoo.Com plc” and published on July 11, 2016 is yet another important article.
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By Vivian Park