31.20% to Target, Canaccord Genuity Reconfirms ‘Buy’ Rating on Whitbread PLC (LON:WTB) Shares Today

Share

Whitbread PLC (LON:WTB) Rating Reaffirmed

In a recent report made public on Friday morning, The Buy rating of Whitbread PLC (LON:WTB) shares was has reaffirmed by Analysts at Canaccord Genuity, who now has a GBX 6000.00 target PPS on the stock. Canaccord Genuity’s target PPS would now indicate a possible upside of 31.20% from the previous stock close of the company.

From a total of 22 analysts covering Whitbread PLC (LON:WTB) stock, 12 rate it a ”Buy”, 3 a “Sell”, and 8 a ”Hold”. This means that 52% of the ratings are positive. The highest target price is GBX 6105 while the lowest target price is GBX 4100. The mean of all analyst targets is GBX 5360.45 with a 15.09% above today’s (GBX 4573) stock price. Whitbread PLC was the topic of 57 analyst reports since July 24, 2015 according to the firm StockzIntelligence Inc. Barclays Capital downgraded shares on December 4 to “Equal Weight” rating. HSBC maintained shares with “Buy” rating and GBX 5400 target share price in a report from a November 25. J.P. Morgan maintained WTB stock in a recent report from December 3 with “Overweight” rating. Oddo & Cie maintained the rating on November 20. Oddo & Cie has a “Neutral” rating and a GBX 5200 price target on shares. Finally, Deutsche Bank maintained the stock with “Buy” rating in a report issued on a December 1.

The stock decreased 2.91% or GBX 137 on December 4, striking GBX 4573. Approximately 1.01 million shares of stock traded hands or 88.59% up from the average. Whitbread plc (LON:WTB) has declined 13.31% since May 8, 2015 and is downtrending. It has underperformed by 10.53% the S&P500.

31.20% to Target, Canaccord Genuity Reconfirms ‘Buy’ Rating on Whitbread PLC (LON:WTB) Shares Today

Whitbread PLC is a United Kingdom-based hospitality company. The company has a market cap of 8.20 billion GBP. The Firm operates hotels, coffee shops and restaurants. It has 22.16 P/E ratio. The Firm operates in two divisions: Hotels & Restaurants and Costa.

COMMENTS: