Whitbread (LON:WTB – Free Report) had its price objective raised by JPMorgan Chase & Co. from GBX 4,400 ($55.06) to GBX 4,600 ($57.56) in a research note issued to investors on Wednesday, Marketbeat.com reports. They currently have an overweight rating on the stock.
WTB has been the subject of a number of other reports. Shore Capital reaffirmed a buy rating on shares of Whitbread in a research report on Thursday, June 8th. Numis Securities reaffirmed a buy rating and set a GBX 3,920 ($49.06) price objective on shares of Whitbread in a research report on Thursday, May 25th. Berenberg Bank reaffirmed a buy rating on shares of Whitbread in a research report on Friday, July 21st. Deutsche Bank Aktiengesellschaft reaffirmed a buy rating and set a GBX 4,000 ($50.06) price objective on shares of Whitbread in a research report on Tuesday, May 30th. Finally, Barclays reaffirmed an overweight rating and set a GBX 4,250 ($53.18) price objective on shares of Whitbread in a research report on Friday, September 8th. Nine research analysts have rated the stock with a buy rating, According to data from MarketBeat, the company presently has a consensus rating of Buy and a consensus target price of GBX 4,038.57 ($50.54).
Whitbread Trading Up 1.1 %
Insider Activity at Whitbread
In related news, insider Dame Karen Jones purchased 900 shares of the company’s stock in a transaction that occurred on Tuesday, August 15th. The stock was acquired at an average price of GBX 3,471 ($43.44) per share, with a total value of £31,239 ($39,092.73). 3.66% of the stock is owned by insiders.
Whitbread plc operates hotels and restaurants in the United Kingdom, Germany, and internationally. It operates hotels with rooms in the United Kingdom; Middle East; and Germany under the Premier Inn, ZIP by Premier Inn, and hub by Premier Inn brands. The company operates restaurants under the Brewers Fayre, Beefeater, Cookhouse & Pub, Bar+Block Steakhouse, Thyme, and Table Table brands in the United Kingdom.
- Five stocks we like better than Whitbread
- Earnings Per Share Calculator: How to Calculate EPS
- 5 Reasons Apple’s New Phone Moves the Needle: 5 That It Won’t
- Stocks in the Dow: About the Dow Jones Industrial Average (DJIA)
- MarketBeat Week in Review – 9/11 – 9/15
- What is the S&P 500 and How It is Distinct from Other Indexes
- China’s Jump In Car Sales Is Drawing Big Money To These Stocks
Receive News & Ratings for Whitbread Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Whitbread and related companies with MarketBeat.com's FREE daily email newsletter.