A statement released earlier today by Numis about Whitbread PLC (LON:WTB) maintains the target price at 4,400.00GBX
- Updated: September 18, 2016
Whitbread PLC (LON:WTB) had its price target hold steady to 4,400GBX by Numis in a report issued 9/19/2016. The new target price implies a potential upside of 0.08% based on the company’s previous stock close price.
Previously on 9/15/2016, Panmure Gordon released a statement about Whitbread PLC(LON:WTB) raised the target price from 3,800.00GBX to 4,000.00GBX. At the time, this indicated a possible downside of 0.00%.
Yesterday Whitbread PLC (LON:WTB) traded 0.42% higher at 4,078.50GBX. The company’s 50-day average is 4,047.92GBX and its 200-day moving average is 3,923.94GBX. The last stock price close is up 3.90% relative to the two hundred day moving average, compared to the Standard & Poor’s 500 Index which has fallen -0.01% over the same period. Trading volume was was down over the average, with 120,169 shares of WTB changing hands under the typical 718,211 shares..
See Graphic Below:
With a market capitalization of 0.0 GBX, Whitbread PLC has a PE of 19 with a one-year low of 3,283.00GBX and a one-year high of 4,968.00GBX.
In addition to Numis reporting it’s price target, a total of 20 brokerages have reported on WTB. The consensus target price is 4,225.62GBX with five analysts rating the company a strong buy, eight firms rating the company a buy, 10 firms rating the stock a hold, 0 rating the company to underperform, and lastly 0 firmsrating the stock 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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