Whitbread (WTB) Stock Rating Reaffirmed by Barclays

Whitbread (LON:WTB)‘s stock had its “equal weight” rating reissued by Barclays in a research report issued on Thursday. They currently have a GBX 4,400 ($59.69) price target on the stock. Barclays’ target price would suggest a potential upside of 5.79% from the company’s current price.

WTB has been the topic of several other reports. Deutsche Bank reiterated a “buy” rating on shares of Whitbread in a report on Thursday, March 1st. Liberum Capital reiterated a “hold” rating and issued a GBX 4,150 ($56.29) price target on shares of Whitbread in a report on Wednesday, February 28th. Kepler Capital Markets increased their price target on Whitbread from GBX 3,500 ($47.48) to GBX 4,200 ($56.97) and gave the stock a “hold” rating in a report on Thursday, April 26th. HSBC reiterated a “buy” rating and issued a GBX 4,800 ($65.11) price target on shares of Whitbread in a report on Friday, February 16th. Finally, JPMorgan Chase reiterated a “neutral” rating and issued a GBX 4,020 ($54.53) price target on shares of Whitbread in a report on Thursday, January 25th. Three equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and eight have issued a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus target price of GBX 4,312.22 ($58.49).

Shares of Whitbread opened at GBX 4,159 ($56.42) on Thursday, according to MarketBeat Ratings. Whitbread has a fifty-two week low of GBX 3,499.90 ($47.48) and a fifty-two week high of GBX 4,333 ($58.78).

In related news, insider Louise Smalley sold 12,429 shares of the stock in a transaction that occurred on Thursday, May 3rd. The stock was sold at an average price of GBX 4,245 ($57.58), for a total value of £527,611.05 ($715,695.94).

About Whitbread

Whitbread PLC operates hotels, restaurants, and coffee shops. The company operates through two segments, Premier Inn & Restaurants and Costa. It operates approximately 760 hotels with 68,000 rooms in the United Kingdom, the Middle East, and Germany, as well as hotels under the Premier Inn brand name; hotels under the hub by Premier Inn brand name in the United Kingdom; and restaurants under the Brewers Fayre, Beefeater Grill, and Table Table brands.

Analyst Recommendations for Whitbread (LON:WTB)

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