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Whitbread plc 9.4% Potential Upside Indicated by Credit Suisse

Whitbread plc with EPIC/TICKER LON:WTB had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘OUTPERFORM’ today by analysts at Credit Suisse. Whitbread plc are listed in the Consumer Services sector within UK Main Market. Credit Suisse have set a target price of 4550 GBX on its stock. This would indicate that the analyst believes there is a potential upside of 9.4% from the opening price of 4160 GBX. Over the last 30 and 90 trading days the company share price has increased 246 points and increased 52 points respectively.

 
Whitbread plc LON:WTB has a 50 day moving average of 3,956.47 GBX and a 200 Day Moving Average share price is recorded at 3,884.80 GBX. The 1 year high for the stock price is 4402 GBX while the 52 week low for the stock is 3283 GBX. There are currently 183,374,414 shares in issue with the average daily volume traded being 541,474. Market capitalisation for LON:WTB is £7,672,385,482 GBP.

 

Whitbread plcC 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.

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