Whitbread plc with ticker (LON:WTB) now has a potential upside of 31.3% according to JP Morgan.
JP Morgan set a target price of 4,400 GBX for the company, which when compared to the Whitbread plc share price of 3,350 GBX at opening today (28/06/2023) indicates a potential upside of 31.3%. Trading has ranged between 2,246 (52 week low) and 3,652 (52 week high) with an average of 674,814 shares exchanging hands daily. The market capitalisation at the time of writing is £6,745,172,031.
Whitbread PLC is a United Kingdom-based company, which operates as a hotel brand. The Company provides services in relation to accommodation, food and beverage (F&B) both in the United Kingdom and internationally. The Company operates through four segments: UK and Ireland, Germany, Central and other. The Company operates approximately 844 hotels, and 82,773 rooms open across the United Kingdom and Ireland. The hub by Premier Inn offers rooms across London and Edinburgh each room includes a slick touchscreen control panel to change the lighting and temperature, wireless fidelity (Wi-Fi), smart televisions, monsoon showers, and relaxing Hypnos beds. The Bar + Block Steakhouse is an informal, all-day dining restaurant with a focus on steaks, and Thyme is Premier Inn’s in-house restaurant with a contemporary British menu.
Whitbread plc 31.3% potential upside indicated by JP Morgan
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- Written by: Charlotte Edwards
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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.
