Canaccord Genuity restated their buy rating on shares of Whitbread (LON:WTB) in a research note published on Monday morning. The brokerage currently has a GBX 4,500 ($64.43) price objective on the stock.
A number of other equities analysts have also issued reports on the company. HSBC reissued a buy rating and issued a GBX 4,800 ($68.73) price objective on shares of Whitbread in a report on Friday, February 16th. Barclays reaffirmed an equal weight rating and set a GBX 3,920 ($56.13) price target on shares of Whitbread in a research note on Thursday, March 29th. Citigroup reaffirmed a sell rating on shares of Whitbread in a research note on Monday, January 8th. Morgan Stanley decreased their price target on Whitbread from GBX 4,300 ($61.57) to GBX 4,200 ($60.14) and set an equal weight rating for the company in a research note on Thursday, March 29th. Finally, Deutsche Bank reaffirmed a buy rating on shares of Whitbread in a research note on Thursday, March 1st. Four investment analysts have rated the stock with a sell rating, six have assigned a hold rating and eight have assigned a buy rating to the stock. The stock presently has an average rating of Hold and an average target price of GBX 4,178.82 ($59.83).
Shares of WTB stock opened at GBX 4,197 ($60.09) on Monday. Whitbread has a 12-month low of GBX 3,499.90 ($50.11) and a 12-month high of GBX 4,333 ($62.04).
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Whitbread PLC operates hotels, restaurants, and coffee shops. The company operates through two segments, Premier Inn & Restaurants and Costa. It operates approximately 760 hotels with 68,000 rooms in the United Kingdom, the Middle East, and Germany, as well as hotels under the Premier Inn brand name; hotels under the hub by Premier Inn brand name in the United Kingdom; and restaurants under the Brewers Fayre, Beefeater Grill, and Table Table brands.
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