London: Whitbread (LON:WTB) Stock Has Just Had Its Buy Rating Reiterated by Canaccord Genuity. Shares now Have a GBX 4500.00 Target

April 25, 2018 - By Ellis Scott

Whitbread PLC (LON:WTB) Logo

Whitbread (LON:WTB) Rating Reaffirmed

London: In a research report sent to clients and investors on 25 April, Canaccord Genuity kept their Buy rating on Whitbread (LON:WTB) shares. They now have a GBX 4500.00 TP on the company. Canaccord Genuity’s target would suggest a potential upside of 7.68 % from the company’s previous close.

Whitbread PLC (LON:WTB) Ratings Coverage

Among 14 analysts covering Whitbread PLC (LON:WTB), 6 have Buy rating, 1 Sell and 7 Hold. Therefore 43% are positive. Whitbread PLC has GBX 47500 highest and GBX 3200 lowest target. GBX 7395.71’s average target is 77.06% above currents GBX 4177 stock price. Whitbread PLC had 38 analyst reports since November 9, 2017 according to SRatingsIntel. The stock has “Outperform” rating by Credit Suisse on Monday, April 16. Liberum Capital maintained it with “Hold” rating and GBX 4450 target in Wednesday, April 25 report. The stock has “Hold” rating by Numis Securities on Monday, April 16. The stock has “Equal Weight” rating by Barclays Capital on Thursday, November 16. Berenberg maintained the shares of WTB in report on Wednesday, December 20 with “Buy” rating. On Thursday, February 15 the stock rating was maintained by Barclays Capital with “Equal Weight”. The stock has “Buy” rating by Shore Capital on Friday, January 19. Credit Suisse maintained the stock with “Outperform” rating in Friday, February 16 report. The stock has “Neutral” rating by Oddo & Cie on Friday, April 20. The stock of Whitbread PLC (LON:WTB) has “Equal Weight” rating given on Thursday, March 29 by Barclays Capital.

The stock decreased 0.22% or GBX 9 during the last trading session, reaching GBX 4177. About 1.40M shares traded or 74.98% up from the average. Whitbread PLC (LON:WTB) has 0.00% since April 26, 2017 and is . It has underperformed by 11.55% the S&P500.

Whitbread PLC operates hotels, restaurants, and coffee shops. The company has market cap of 7.67 billion GBP. The firm operates through two divisions, Premier Inn & Restaurants and Costa. It has a 16.25 P/E ratio. 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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