London close: Stocks fall as US inflation comes in hot
11th Jan 2024 16:34
(Sharecast News) - London's stock markets closed in the red on Thursday, reversing earlier gains after US consumer inflation came in hotter than expected.
Read moreWhitbread posts strong rise in Premier Inn sales; Holds guidance
11th Jan 2024 07:22
(Sharecast News) - Pubs and Premier Inn owner Whitbread maintained full-year guidance after a strong rise in accommodation sales during the third quarter, with momentum continuing into the final three months of the financial year.
Read moreJPMorgan downgrades IHG, keeps Whitbread as top hotels pick
31st Oct 2023 09:01
(Sharecast News) - JPMorgan says Premier Inn owner Whitbread remains its top pick in the European hotels sector, as it downgraded its stance on IHG from 'neutral' to 'underweight'.
Read moreWhitbread 1H sales a tad short, but new share buyback announced
18th Oct 2023 07:38
(Sharecast News) - Premier Inn owner Whitbread's topline growth at the half-year stage fell short of analysts' estimates, but the company was confident on the outlook.
Read moreLondon close: Stocks mixed on global economic jitters
26th Sep 2023 16:47
(Sharecast News) - Stocks in London ended Tuesday on a varied note, reflecting global apprehensions around the Chinese economy and rising interest rates, while the shadow of a US credit warning from Moody's loomed large.
Read moreBroker tips: Burberry, Whitbread, REITs
26th Sep 2023 13:06
(Sharecast News) - Luxury fashion brand Burberry took a hit as both Morgan Stanley and Deutsche Bank cut their price targets on the stock.
Read moreRedburn downgrades Premier Inn owner Whitbread
26th Sep 2023 10:41
(Sharecast News) - Redburn downgraded its stance on Premier Inn owner Whitbread on Tuesday to 'sell' from 'neutral', with a target price of 3,000p.
Read moreLondon close: FTSE finishes higher after positive China data
15th Sep 2023 16:12
(Sharecast News) - London's top-flight index managed a positive finish on Friday based on promising Chinese economic data.
Read moreWhitbread 'preferred pick' in leisure sector, says Barclays
15th Sep 2023 08:03
(Sharecast News) - Barclays said on Friday that Premier Inn owner Whitbread is its "preferred pick" in the leisure sector.
Read moreDirector dealings: Whitbread non-exec invests, Ibstock CFO covers tax bill
15th Aug 2023 12:40
(Sharecast News) - Premier Inn owner Whitbread was among those disclosing director buys on Tuesday, after an independent non-executive director made a purchase.
Read moreBerenberg likes Whitbread's leading position in midscale hotel market
24th Jul 2023 16:04
(Sharecast News) - Berenberg analysts reiterated their 'buy' recommendation and 4,000p target price for shares of Whitbread, saying that they liked its position as a leading operator in the UK midscale and economy hotel market.
Read moreWhitbread posts Q1 sales jump; hails strong consumer demand in UK
22nd Jun 2023 07:38
(Sharecast News) - Premier Inn owner Whitbread posted a jump in first-quarter sales on Thursday as it said consumer demand in the UK has remained strong.
Read moreDeutsche Bank hikes target price on Whitbread following FY results
26th Apr 2023 10:09
(Sharecast News) - Analysts at Deutsche Bank hiked their target price on Premier Inn owner Whitbread from 3,530.0p to 3,780.0p on Wednesday after the group's full-year results came in ahead of expectations.
Read morePremier Inn demand sees Whitbread FY profits surge
25th Apr 2023 07:24
(Sharecast News) - Premier Inn owner Whitbread on Tuesday said full-year earnings had soared above pre-pandemic levels on the back of strong demand for hotel rooms after the lifting of Covid-19 travel restrictions and unveiled a £300m share buyback.
Read moreTuesday preview: US house prices, Whitbread in the spotlight
24th Apr 2023 12:42
(Sharecast News) - Investors' attention on Tuesday would be on the US housing sector.
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