Finally Time For Investors To Sell? HSBC Downgrades Whitbread (LON:WTB), With GBX 4800.00 Target

April 19, 2018 - By Louis Casey

Whitbread PLC (LON:WTB) Logo

Whitbread (LON:WTB) Receives a Downgrade

The stock rating of Whitbread (LON:WTB) was lowered by investment analysts at HSBC to a Hold. This has been announced in a research note revealed to investors and clients on Wednesday, 18 April. HSBC now has a GBX 4800.00 PT on the shares, which would suggest a possible upside of 15.66 %.

Whitbread PLC (LON:WTB) Ratings Coverage

Among 13 analysts covering Whitbread PLC (LON:WTB), 7 have Buy rating, 1 Sell and 5 Hold. Therefore 54% are positive. Whitbread PLC has GBX 4950 highest and GBX 3200 lowest target. GBX 4295’s average target is 2.95% above currents GBX 4172 stock price. Whitbread PLC had 39 analyst reports since October 20, 2017 according to SRatingsIntel. The firm earned “Hold” rating on Monday, January 22 by Numis Securities. The stock of Whitbread PLC (LON:WTB) has “Neutral” rating given on Wednesday, October 25 by JP Morgan. Barclays Capital maintained it with “Equal-Weight” rating and GBX 3920 target in Thursday, January 18 report. As per Friday, January 12, the company rating was maintained by Deutsche Bank. Barclays Capital maintained Whitbread PLC (LON:WTB) rating on Thursday, January 25. Barclays Capital has “Equal Weight” rating and GBX 3920 target. Morgan Stanley maintained Whitbread PLC (LON:WTB) on Thursday, March 29 with “Equal Weight” rating. The firm has “Equal Weight” rating given on Thursday, March 29 by Barclays Capital. The firm has “Sell” rating given on Wednesday, October 25 by Citigroup. The stock of Whitbread PLC (LON:WTB) earned “Neutral” rating by JP Morgan on Thursday, January 25. The firm has “Buy” rating by Shore Capital given on Friday, January 19.

The stock increased 0.53% or GBX 22 during the last trading session, reaching GBX 4172. About 77,121 shares traded. Whitbread PLC (LON:WTB) has 0.00% since April 19, 2017 and is . It has underperformed by 11.55% the S&P500.

Whitbread PLC operates hotels, restaurants, and coffee shops. The company has market cap of 7.66 billion GBP. The firm operates through two divisions, Premier Inn & Restaurants and Costa. It has a 16.23 P/E ratio. It operates approximately 760 hotels with 68,000 rooms in the United Kingdom, the Middle East, and Germany, as well as hotels under the Premier Inn brand name; hotels under the hub by Premier Inn brand name in the United Kingdom; and restaurants under the Brewers Fayre, Beefeater Grill, and Table Table brands.

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