Whitbread plc (LON:WTB)‘s stock had its “buy” rating reaffirmed by investment analysts at Deutsche Bank AG in a note issued to investors on Wednesday. They currently have a GBX 4,400 ($57.85) price objective on the stock. Deutsche Bank AG’s price objective points to a potential upside of 8.56% from the company’s current price.
Other research analysts have also recently issued research reports about the company. Shore Capital reiterated a “buy” rating on shares of Whitbread plc in a report on Wednesday, June 21st. HSBC Holdings plc reiterated a “buy” rating and issued a GBX 4,800 ($63.11) target price on shares of Whitbread plc in a report on Monday, June 26th. Barclays PLC reiterated an “equal weight” rating and issued a GBX 3,925 ($51.60) target price on shares of Whitbread plc in a report on Thursday, June 29th. Liberum Capital started coverage on Whitbread plc in a report on Wednesday, July 5th. They issued a “hold” rating and a GBX 4,150 ($54.56) target price on the stock. Finally, Panmure Gordon reiterated a “hold” rating on shares of Whitbread plc in a report on Wednesday, June 21st. Four analysts have rated the stock with a sell rating, seven have assigned a hold rating and eight have given a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average target price of GBX 4,138 ($54.40).
Whitbread plc 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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