Whitbread plc with ticker (LON:WTB) now has a potential upside of 13.0% according to Morgan Stanley.
Morgan Stanley set a target price of 3,800 GBX for the company, which when compared to the Whitbread plc share price of 3,306 GBX at opening today (29/10/2021) indicates a potential upside of 13.0%. Trading has ranged between 2,020 (52 week low) and 3,709 (52 week high) with an average of 650,291 shares exchanging hands daily. The market capitalisation at the time of writing is £6,694,187,208.
Whitbread PLC is a United Kingdom-based company, which owns and operates hotels and restaurants. The Company is organized into a single business segment, Premier Inn. Premier Inn provides services in relation to accommodation and food both in the United Kingdom and internationally. The Company’s restaurant brands include Beefeater, Brewers Fayre, Table Table, Cookhouse & Pub, Bar + Block, Premier Inn, hub and Thyme. The Company operates over 800 Premier Inn hotels and over 80,000 rooms across the United Kingdom. Its subsidiaries include Whitbread Group PLC, Premier Inn Hotels Limited, Premier Inn Kier Limited, Silk Street Hotels Limited, Elm Hotel Holdings Limited, Brickwoods Limited, Duttons Brewery Limited, and Silk Street Hotels Limited.
Whitbread plc 13.0% potential upside indicated by Morgan Stanley
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- Written by: Anthony Fox
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Whitbread Plc reports strong interim results with UK accommodation sales in line and significant growth in Germany. Expanded profit and shareholder returns.
Whitbread PLC (LON:WTB) Q1 trading update reveals 1% growth in total sales to £739m, driven by UK and Germany progress. CEO remains confident in full-year outlook.
