Whitbread (WTB) Given “Sell” Rating at Citigroup

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).

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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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