Whitbread plc (WTB) Stock Price Up 1.1%

Whitbread plc (LON:WTB) rose 1.1% on Tuesday . The company traded as high as GBX 3,913 ($51.45) and last traded at GBX 3,895 ($51.21). Approximately 395,682 shares changed hands during trading, a decline of 25% from the average daily volume of 530,253 shares. The stock had previously closed at GBX 3,851 ($50.63).

WTB has been the topic of a number of recent research reports. Numis Securities Ltd reissued a “hold” rating and set a GBX 4,100 ($53.90) target price on shares of Whitbread plc in a research report on Tuesday, June 13th. Barclays PLC reissued an “equal weight” rating and set a GBX 3,925 ($51.60) target price on shares of Whitbread plc in a research report on Thursday, June 15th. Panmure Gordon reissued a “hold” rating on shares of Whitbread plc in a research report on Wednesday, June 21st. Shore Capital reissued a “buy” rating on shares of Whitbread plc in a research report on Wednesday, June 21st. Finally, J P Morgan Chase & Co reissued a “neutral” rating and set a GBX 4,000 ($52.59) target price on shares of Whitbread plc in a research report on Thursday, June 22nd. Four analysts have rated the stock with a sell rating, seven have issued a hold rating and eight have given a buy rating to the stock. Whitbread plc currently has an average rating of “Hold” and a consensus target price of GBX 4,138 ($54.40).

The firm’s 50 day moving average price is GBX 3,744.73 and its 200-day moving average price is GBX 3,933.12. The company’s market cap is GBX 7.10 billion.

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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.

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