Whitbread (LON:WTB)‘s stock had its “sell” rating restated by Citigroup in a research note issued on Monday, December 18th. They currently have a GBX 3,200 ($43.40) price objective on the stock. Citigroup’s target price indicates a potential downside of 17.97% from the stock’s current price.
WTB has been the topic of a number of other reports. Beaufort Securities lowered their price objective on shares of Whitbread from GBX 3,600 ($48.82) to GBX 3,400 ($46.11) and set a “sell” rating on the stock in a research report on Tuesday, October 24th. JPMorgan Chase & Co. reissued a “neutral” rating and set a GBX 4,000 ($54.24) price objective on shares of Whitbread in a research report on Wednesday, September 27th. Morgan Stanley downgraded shares of Whitbread to an “equal weight” rating and lowered their price objective for the stock from GBX 4,700 ($63.74) to GBX 4,500 ($61.03) in a research report on Wednesday, October 25th. Numis Securities reissued a “hold” rating and set a GBX 4,100 ($55.60) price objective on shares of Whitbread in a research report on Tuesday, October 24th. Finally, restated a “buy” rating and issued a GBX 4,800 ($65.09) target price on shares of Whitbread in a research note on Tuesday, September 26th. Four equities 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. The stock has an average rating of “Hold” and an average target price of GBX 4,117.44 ($55.84).
Whitbread (LON WTB) traded up GBX 65 ($0.88) during trading on Monday, reaching GBX 3,901 ($52.90). 1,018,459 shares of the company’s stock were exchanged, compared to its average volume of 538,465. The firm has a market cap of $7,160.00 and a price-to-earnings ratio of 1,517.90. Whitbread has a 12 month low of GBX 3,499.90 ($47.46) and a 12 month high of GBX 4,333 ($58.76).
TRADEMARK VIOLATION NOTICE: This article was reported by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. If you are viewing this article on another website, it was copied illegally and reposted in violation of US & international copyright & trademark law. The correct version of this article can be viewed at https://www.dispatchtribunal.com/2018/01/13/whitbread-wtb-stock-rating-reaffirmed-by-citigroup.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.
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.