Whitbread PLC (LON:WTB) Rating Reaffirmed
Credit Suisse now has a GBX 5800.00 target price per share on the 8.57 billion GBP market cap company or 23.48% upside potential. In a recent report sent to investors and clients on Thursday, 3 December, Whitbread PLC (LON:WTB) shares have had their Outperform Rating has reaffirmed by equity analysts at Credit Suisse.
From a total of 21 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 5362.62 with a 11.93% above today’s (GBX 4697) stock price. Whitbread PLC was the topic of 53 analyst reports since July 24, 2015 according to the firm StockzIntelligence Inc. Deutsche Bank maintained shares on December 1 with “Buy” rating. Barclays Capital maintained shares with “Overweight” rating and GBX 5800 target share price in a report from a November 3. Oddo & Cie maintained WTB stock in a recent report from November 20 with “Neutral” rating. Natixis maintained the rating on October 21. Natixis has a “Neutral” rating and a GBX 5050 price target on shares. Finally, Numis Securities maintained the stock with “Reduce” rating in a report issued on a November 10.
The stock increased 0.90% or GBX 42 on December 2, striking GBX 4697. Approximately 609,132 shares of stock traded hands or 13.31% up from the average. Whitbread plc (LON:WTB) has declined 6.99% since May 6, 2015 and is downtrending. It has underperformed by 6.79% the S&P500.
Whitbread PLC is a United Kingdom-based hospitality company. The company has a market cap of 8.57 billion GBP. The Firm operates hotels, coffee shops and restaurants. It has 22.76 P/E ratio. The Firm operates in two divisions: Hotels & Restaurants and Costa.