Whitbread (LON:WTB) Receives a Downgrade
Research analysts at the Goldman Sachs research division downgraded the rating of Whitbread (LON:WTB) shares to a Neutral on Monday, 14 December.
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 20.86% above today’s (GBX 4399.37) stock price. Whitbread PLC was the topic of 69 analyst reports since July 24, 2015 according to the firm StockzIntelligence Inc. Morgan Stanley maintained shares on December 11 with “Overweight” rating. Panmure Gordon maintained shares with “Sell” rating and GBX 4100 target share price in a report from a December 10. Deutsche Bank maintained WTB stock in a recent report from December 11 with “Buy” rating. Numis Securities maintained the rating on December 10. Numis Securities has a “Reduce” rating and a GBX 4440 price target on shares. Finally, Shore Capital maintained the stock with “Hold” rating in a report issued on a December 10.
The stock decreased 0.01% or GBX 0.63 on December 14, striking GBX 4399.37. Approximately 707,201 shares of stock traded hands or 11.65% up from the average. Whitbread plc (LON:WTB) has declined 17.37% since May 15, 2015 and is downtrending. It has underperformed by 12.96% the S&P500.
Whitbread PLC is a United Kingdom-based hospitality company. The company has a market cap of 8.02 billion GBP. The Firm operates hotels, coffee shops and restaurants. It has 21.32 P/E ratio. The Firm operates in two divisions: Hotels & Restaurants and Costa.