Whitbread (LON:WTB)‘s stock had its “hold” rating reaffirmed by Deutsche Bank in a research note issued on Friday, Analyst Ratings Network reports. They currently have a GBX 3,485 ($57.06) price objective on the stock. Deutsche Bank’s price objective points to a potential downside of 1.72% from the company’s current price.
Shares of Whitbread (LON:WTB) opened at 3546.00 on Friday. Whitbread has a one year low of GBX 2382.00 and a one year high of GBX 3600.00. The stock’s 50-day moving average is GBX 3429.09 and its 200-day moving average is GBX 3154.17. The company’s market cap is £6.337 billion.
A number of other analysts have also recently weighed in on WTB. Analysts at Nomura raised their price target on shares of Whitbread from GBX 3,110 ($50.92) to GBX 3,860 ($63.20) in a research note to investors on Thursday. They now have a “buy” rating on the stock. Separately, analysts at Barclays reiterated an “overweight” rating on shares of Whitbread in a research note to investors on Friday, November 29th. Finally, analysts at Credit Suisse reiterated an “outperform” rating on shares of Whitbread in a research note to investors on Tuesday, November 26th. They now have a GBX 3,900 ($63.85) price target on the stock. Four research analysts have rated the stock with a sell rating, six have issued a hold rating and fourteen have given a buy rating to the company. Whitbread has a consensus rating of “Hold” and an average price target of GBX 3,229.68 ($52.88).
Whitbread PLC is engaged in the operation of a hotels and restaurants business and a coffee shop business.
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