Whitbread’s (WTB) “Sell” Rating Reaffirmed at Citigroup

Whitbread (LON:WTB)‘s stock had its “sell” rating reissued by equities researchers at Citigroup in a research report issued on Monday. They presently have a GBX 3,200 ($43.07) target price on the stock. Citigroup’s price objective indicates a potential downside of 16.90% from the stock’s current price.

Other analysts have also recently issued research reports about the company. Deutsche Bank reiterated a “buy” rating on shares of Whitbread in a research report on Friday, October 20th. reiterated a “buy” rating and set a GBX 4,800 ($64.60) target price on shares of Whitbread in a research report on Tuesday, September 26th. Barclays reiterated an “equal weight” rating and set a GBX 3,925 ($52.83) target price on shares of Whitbread in a research report on Thursday, August 31st. Morgan Stanley cut Whitbread to an “equal weight” rating and cut their target price for the stock from GBX 4,700 ($63.26) to GBX 4,500 ($60.57) in a research report on Wednesday, October 25th. Finally, Numis Securities reiterated a “hold” rating and set a GBX 4,100 ($55.18) target price on shares of Whitbread in a research 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 given a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average price target of GBX 4,122.44 ($55.48).

Whitbread (LON WTB) traded down GBX 13 ($0.17) on Monday, hitting GBX 3,851 ($51.83). The stock had a trading volume of 710,827 shares, compared to its average volume of 638,344. 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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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)

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