A statement released earlier today by HSBC about Whitbread PLC (LON:WTB) bumps the target price to 4,800.00GBX
- Updated: September 18, 2016
HSBC upped the target stock price of Whitbread PLC (LON:WTB) to 4,800GBX, indicating a possible upside of 0.18%.
On 9/15/2016, Panmure Gordon released a statement about Whitbread PLC(LON:WTB) upped the target price from 3,800.00GBX to 4,000.00GBX. At the time, this indicated a possible downside of 0.00%.
Showing a price of 4,068.50GBX, Whitbread PLC (LON:WTB) traded 0.42% higher on the day. With the last stock price up 3.90% from the 200-day moving average, compared with the Standard & Poor’s 500 Index which has fallen -0.01% over the same time. Whitbread PLC has recorded a 50-day moving average of 4,047.92GBX and 200-day average of 3,923.94GBX. 120,169 shares of WTB traded, down from ann avg. trading volume of 718,211
Whitbread PLC has a one-year low of 3,283.00GBX and a one-year high of 4,968.00GBX with a price-earnings ratio of 19. The company’s total market value is currently 0.0 GBX.
Also covering Whitbread PLC’s stock price target, a total of 20 equity analysts have issued a research note on the stock. The one year target stock price is 4,225.62GBX with five firms rating the company a strong buy, eight firms rating the stock a buy, 10 firms rating the stock a hold, 0 rating the stock to underperform, and finally 0 analystsrating the company as sell.
General Information About Whitbread PLC (LON:WTB)
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. Premier Inn is the Company’s hotel business. The Company’s restaurant brands include Beefeater, Brewers Fayre, Table Table and Whitbread Inns. The Company operates over 730 Premier Inn hotels and over 64, 000 rooms across the United Kingdom. The Company operates over 2, 000 coffee shops across the United Kingdom, over 1, 200 coffee stores in approximately 30 international markets and over 5, 200 Costa Express self-serve units. Its subsidiaries include Whitbread Group PLC, Premier Inn Hotels Limited, Costa Limited, Yueda Costa (Shanghai) Food & Beverage Management Company Limited, and Coffeeheaven International Limited and Costa Express Limited.
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