Whitbread plc’s (WTB) Neutral Rating Reiterated at J P Morgan Chase & Co

J P Morgan Chase & Co reaffirmed their neutral rating on shares of Whitbread plc (LON:WTB) in a research note issued to investors on Wednesday, October 25th. They currently have a GBX 4,000 ($52.61) target price on the stock.

Several other equities analysts also recently issued reports on the stock. Beaufort Securities decreased their price objective on shares of Whitbread plc from GBX 3,600 ($47.35) to GBX 3,400 ($44.72) and set a sell rating for the company in a research note on Tuesday, October 24th. Numis Securities Ltd reiterated a hold rating and set a GBX 4,100 ($53.93) target price on shares of Whitbread plc in a research note on Tuesday, October 24th. Liberum Capital reissued a hold rating and set a GBX 4,150 ($54.58) price target on shares of Whitbread plc in a report on Tuesday, October 24th. Deutsche Bank AG reissued a buy rating on shares of Whitbread plc in a research note on Friday, October 20th. Finally, Morgan Stanley reissued an overweight rating and issued a GBX 4,700 ($61.82) target price on shares of Whitbread plc in a research report on Thursday, October 5th. Four research analysts have rated the stock with a sell rating, six have issued a hold rating and seven have assigned a buy rating to the stock. Whitbread plc has a consensus rating of Hold and an average target price of GBX 4,122.44 ($54.22).

Shares of Whitbread plc (LON:WTB) traded down GBX 26 ($0.34) during mid-day trading on Wednesday, hitting GBX 3,570 ($46.96). 458,769 shares of the company were exchanged, compared to its average volume of 739,197. Whitbread plc has a 12-month low of GBX 3,365 ($44.26) and a 12-month high of GBX 4,333 ($56.99).

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The firm also recently declared a dividend, which will be paid on Friday, December 15th. Shareholders of record on Thursday, November 9th will be issued a dividend of GBX 31.40 ($0.41) per share. This represents a dividend yield of 0.84%. The ex-dividend date of this dividend is Thursday, November 9th.

About Whitbread plc

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 plc (LON:WTB)

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