Whitbread (LON:WTB) Receives a Downgrade
London-listed Whitbread (LON:WTB), was downgraded by stock research analysts at Barclays who downgraded their rating on the 8.12 billion GBP market cap firm to a Equalweight, but decided to stick with their price target of GBX 5200 on WTB shares.
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 16.18% above today’s (GBX 4530) 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.
Approximately 469,001 shares of stock traded hands. Whitbread plc (LON:WTB) has declined 8.01% since May 7, 2015 and is downtrending. It has underperformed by 5.22% the S&P500.
Whitbread PLC is a United Kingdom-based hospitality company. The company has a market cap of 8.12 billion GBP. The Firm operates hotels, coffee shops and restaurants. It has 21.95 P/E ratio. The Firm operates in two divisions: Hotels & Restaurants and Costa.