The JPMorgan Chase & Co. Raises Whitbread plc (WTB) Price Target to GBX 3,845

The JPMorgan Chase & Co. Raises Whitbread plc (WTB) Price Target to GBX 3,845

Whitbread plc (LON:WTB) had its price target upped by JPMorgan Chase & Co. from GBX 3,735 ($45.06) to GBX 3,845 ($46.39) in a research note released on Wednesday. JPMorgan Chase & Co. currently has a neutral rating on the stock.

Several other equities research analysts also recently issued reports on WTB. Barclays PLC reiterated an underweight rating and issued a GBX 3,220 ($38.85) price objective on shares of Whitbread plc in a report on Thursday, September 22nd. Deutsche Bank AG reiterated a buy rating on shares of Whitbread plc in a report on Monday, October 3rd. Numis Securities Ltd reiterated a hold rating and issued a GBX 4,400 ($53.08) price objective on shares of Whitbread plc in a report on Monday, October 24th. Panmure Gordon reiterated a hold rating and issued a GBX 4,000 ($48.26) price objective on shares of Whitbread plc in a report on Tuesday, October 25th. Finally, Canaccord Genuity reiterated a buy rating and issued a GBX 5,000 ($60.32) price objective on shares of Whitbread plc in a report on Tuesday, October 25th. One analyst has rated the stock with a sell rating, eight have assigned a hold rating and twelve have given a buy rating to the company’s stock. The company currently has an average rating of Buy and an average target price of GBX 4,329.12 ($52.23).

Shares of Whitbread plc (LON:WTB) opened at 4121.24170 on Wednesday. Whitbread plc has a 1-year low of GBX 3,283.00 and a 1-year high of GBX 4,402.00. The firm has a 50-day moving average price of GBX 3,748.00 and a 200-day moving average price of GBX 3,800.44. The stock’s market capitalization is GBX 7.50 billion.

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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