Reaffirmed: Whitbread PLC (LON:WTB) Buy Rating Reemphasized at Canaccord Genuity; GBX 6000.00 Target in Place

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Whitbread PLC (LON:WTB) Rating Reaffirmed

In analysts report shared with investors on Thursday morning, The Buy rating of Whitbread PLC (LON:WTB) shares was reaffirmed by Canaccord Genuity, who now has a GBX 6000.00 price target on the stock. Canaccord Genuity’s price target indicates a possible upside of 38.12% from the previous 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 5333.23 with a 20.91% above today’s (GBX 4385) stock price. Whitbread PLC was the topic of 62 analyst reports since July 24, 2015 according to the firm StockzIntelligence Inc. Canaccord Genuity maintained shares on December 10 with “Buy” rating. JP Morgan maintained shares with “Overweight” rating and GBX 5660 target share price in a report from a December 3. Berenberg maintained WTB stock in a recent report from December 8 with “Buy” rating. J.P. Morgan maintained the rating on December 3. J.P. Morgan has a “Overweight” rating and a GBX 5660 price target on shares. Finally, Barclays Capital downgraded the stock to “Equal Weight” rating in a report issued on a December 4.

Approximately 172,017 shares of stock traded hands. Whitbread plc (LON:WTB) has declined 14.20% since May 13, 2015 and is downtrending. It has underperformed by 12.26% the S&P500.

Reaffirmed: Whitbread PLC (LON:WTB) Buy Rating Reemphasized at Canaccord Genuity; GBX 6000.00 Target in Place

Whitbread PLC is a United Kingdom-based hospitality company. The company has a market cap of 7.97 billion GBP. The Firm operates hotels, coffee shops and restaurants. It has 21.25 P/E ratio. The Firm operates in two divisions: Hotels & Restaurants and Costa.

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