Why Nomura Has Just Restated Their Buy Rating For Whitbread PLC (LON:WTB) Shares


Whitbread PLC (LON:WTB) Rating Reaffirmed

Nomura maintained their Buy rating on Whitbread PLC (LON:WTB) shards via an analyst note finalized on Monday morning.

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 5333.18 with a 14.54% above today’s (GBX 4595) stock price. Whitbread PLC was the topic of 58 analyst reports since July 24, 2015 according to the firm StockzIntelligence Inc. Canaccord Genuity maintained shares on December 4 with “Buy” rating. Deutsche Bank maintained shares with “Buy” rating and GBX 6000 target share price in a report from a December 1. JP Morgan maintained WTB stock in a recent report from December 3 with “Overweight” rating. HSBC maintained the rating on November 25. HSBC has a “Buy” rating and a GBX 5400 price target on shares. Finally, Credit Suisse maintained the stock with “Outperform” rating in a report issued on a December 3.

Approximately 26,446 shares of stock traded hands. Whitbread plc (LON:WTB) has declined 13.31% since May 8, 2015 and is downtrending. It has underperformed by 12.23% the S&P500.

Why Nomura Has Just Restated Their Buy Rating For Whitbread PLC (LON:WTB) Shares

Whitbread PLC is a United Kingdom-based hospitality company. The company has a market cap of 8.38 billion GBP. The Firm operates hotels, coffee shops and restaurants. It has 22.26 P/E ratio. The Firm operates in two divisions: Hotels & Restaurants and Costa.