Whitbread plc (WTB) Cut to “Sell” at Citigroup Inc.

Whitbread plc (LON:WTB) was downgraded by equities researchers at Citigroup Inc. to a “sell” rating in a research report issued on Tuesday.

WTB has been the topic of a number of other research reports. Kepler Capital Markets increased their price objective on shares of Whitbread plc from GBX 3,500 ($45.20) to GBX 3,600 ($46.49) and gave the stock a “reduce” rating in a research report on Thursday, June 22nd. Morgan Stanley reissued an “overweight” rating and set a GBX 4,700 ($60.70) price objective on shares of Whitbread plc in a research report on Monday, July 3rd. Barclays PLC reissued an “equal weight” rating and set a GBX 3,925 ($50.69) price objective on shares of Whitbread plc in a research report on Thursday, July 13th. Shore Capital reissued a “buy” rating on shares of Whitbread plc in a research report on Wednesday, June 21st. Finally, HSBC Holdings plc reissued a “buy” rating and set a GBX 4,800 ($61.99) price objective on shares of Whitbread plc in a research report on Monday, June 26th. Four research analysts have rated the stock with a sell rating, seven have assigned a hold rating and eight have issued a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average price target of GBX 4,193.18 ($54.15).

Shares of Whitbread plc (LON:WTB) opened at 3776.00 on Tuesday. Whitbread plc has a 1-year low of GBX 3,365.00 and a 1-year high of GBX 4,333.00. The firm’s market cap is GBX 6.89 billion. The firm has a 50 day moving average price of GBX 3,807.78 and a 200 day moving average price of GBX 3,950.26.

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Whitbread plc Company Profile

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.

Analyst Recommendations for Whitbread plc (LON:WTB)

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