Whitbread plc 14.1% Potential Decrease Indicated by JP Morgan Cazenove

Broker Ratings
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Whitbread plc using EPIC/TICKER code (LON:WTB) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘UNDERWEIGHT’ this morning by analysts at JP Morgan Cazenove. Whitbread plc are listed in the Consumer Services sector within UK Main Market. JP Morgan Cazenove have set a target price of 2000 GBX on its stock. This is indicating the analyst believes there is a potential downside of -14.1% from today’s opening price of 2328 GBX. Over the last 30 and 90 trading days the company share price has decreased 455 points and decreased 2046 points respectively. The 1 year high for the share price is 5194 GBX while the year low stock price is currently 1805.5 GBX.

Whitbread plc has a 50 day moving average of 2,841.28 GBX and a 200 day moving average of 4,048.97. There are currently 134,554,833 shares in issue with the average daily volume traded being 915,294. Market capitalisation for LON:WTB is £3,435,978,035 GBP.

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