Whitbread plc 6.3% Potential Upside Indicated by Berenberg

Broker Ratings
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Whitbread plc with EPIC/TICKER (LON:WTB) had its stock rating noted as ‘Downgrades’ with the recommendation being set at ‘HOLD’ this morning by analysts at Berenberg. Whitbread plc are listed in the Consumer Services sector within UK Main Market. Berenberg have set their target price at 4800 GBX on its stock. This would imply the analyst believes there is now a potential upside of 6.3% from the opening price of 4516 GBX. Over the last 30 and 90 trading days the company share price has decreased 357 points and increased 302 points respectively. The 52 week high share price is 5194 GBX while the 52 week low for the stock is 3927 GBX.

Whitbread plc has a 50 day moving average of 4,697.81 GBX and the 200 Day Moving Average price is recorded at 4,562.51. There are currently 363,271,924 shares in issue with the average daily volume traded being 602,054. Market capitalisation for LON:WTB is £6,045,968,264 GBP.

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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.

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