Whitbread (WTB) Trading Up 0%

Whitbread plc (LON:WTB)’s share price was up 0% on Tuesday . The company traded as high as GBX 3,730 ($50.20) and last traded at GBX 3,710 ($49.93). Approximately 706,249 shares traded hands during trading, a decline of 10% from the average daily volume of 781,686 shares. The stock had previously closed at GBX 3,710 ($49.93).

A number of equities analysts have weighed in on WTB shares. J P Morgan Chase & Co restated a “neutral” rating and set a GBX 4,000 ($53.84) price objective on shares of Whitbread in a research report on Wednesday, October 11th. Goldman Sachs Group upgraded shares of Whitbread to a “sell” rating and set a GBX 3,900 ($52.49) price objective for the company in a research report on Tuesday, August 22nd. Barclays restated an “equal weight” rating and set a GBX 3,925 ($52.83) price objective on shares of Whitbread in a research report on Thursday, August 31st. Beaufort Securities reduced their price objective on shares of Whitbread from GBX 3,600 ($48.45) to GBX 3,400 ($45.76) and set a “sell” rating for the company in a research report on Tuesday, October 24th. Finally, Numis Securities restated a “hold” rating and set a GBX 4,100 ($55.18) price objective on shares of Whitbread in a research report on Tuesday, October 24th. Four analysts have rated the stock with a sell rating, six have issued a hold rating and seven have given a buy rating to the company. The stock currently has an average rating of “Hold” and an average price target of GBX 4,122.44 ($55.48).

The company also recently disclosed a dividend, which will be paid on Friday, December 15th. Investors of record on Thursday, November 9th will be given a dividend of GBX 31.40 ($0.42) per share. This represents a yield of 0.84%. The ex-dividend date is Thursday, November 9th.

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About Whitbread

Whitbread PLC is a hospitality company. The Company operates hotels, coffee shops and restaurants. The Company operates in two segments: Hotels & Restaurants, and Costa. The Hotels & Restaurants segment provides services in relation to accommodation and food. The Costa segment consists of operations of its branded, owned and franchised coffee outlets.

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