JPMorgan downgrades Whitbread to 'neutral', slashes price target
7th Mar 2025 08:03
(Sharecast News) - JPMorgan Cazenove downgraded Premier Inn owner Whitbread on Friday to 'neutral' from 'overweight' and slashed the price target to 3,000p from 4,400p as it took a look at European hotel stocks.
Read moreLondon close: Stocks higher as UK growth misses forecasts
16th Jan 2025 15:58
(Sharecast News) - London equities ended Thursday in positive territory, with investors buoyed by weaker-than-expected UK growth data that bolstered expectations of a potential interest rate cut by the Bank of England next month.
Read moreWhitbread UK sales rise slightly; Holds FY guidance
16th Jan 2025 07:04
(Sharecast News) - Premier Inn owner Whitbread held full year guidance and said UK accommodation sales in the Christmas/New Year period were up 2%, while hotels in Germany also performed strongly.
Read moreLondon close: Stocks finish 2024's last full session weaker
30th Dec 2024 17:36
(Sharecast News) - UK stocks closed slightly lower in subdued trading on Monday, with market activity reflecting the final full session of 2024 amid a lack of significant corporate news or economic developments.
Read moreBerenberg lowers target price on Whitbread
11th Dec 2024 09:30
(Sharecast News) - Analysts at Berenberg lowered their target price on Premier Inn-owner Whitbread from 4,000.0p to 3,900.0p on Wednesday following the recent UK budget.
Read moreJP Morgan toasts European leisure sector
29th Nov 2024 09:37
(Sharecast News) - JP Morgan has adopted a positive position on European hotel and gaming stocks, including upgrading France's Accor and reiterating its 'overweight' rating on Marston's.
Read moreLondon close: Stocks end turbulent week in the red
15th Nov 2024 15:21
(Sharecast News) - London stocks ended Friday in negative territory, weighed down by losses in pharmaceutical shares and a surprise slowdown in UK economic growth during the third quarter.
Read moreWhitbread kicks off search for chair Crozier's successor - report
5th Nov 2024 13:10
(Sharecast News) - Premier Inn owner Whitbread has reportedly kicked off the search for a successor to chairman Adam Crozier and is working with Russell Reynolds Associates.
Read moreLondon close: Stocks rise on fresh rate cut hopes
16th Oct 2024 14:40
(Sharecast News) - London's equity markets finished higher on Wednesday as investors reacted positively to a significant drop in UK inflation, which reached its lowest point in over three years.
Read moreWhitbread ups dividend, extends buyback despite flat sales
16th Oct 2024 07:06
(Sharecast News) - Shares in Premier Inn owner Whitbread on Wednesday jumped as the hotel and restaurant owner lifted its half-year dividend and said it would buy back an additional £100m in shares, despite a fall in earnings.
Read moreLondon close: Stocks slip ahead of much-awaited Fed decision
18th Sep 2024 15:03
(Sharecast News) - London's stock markets closed lower on Wednesday, as investors digested the latest UK inflation figures and looked ahead to the US Federal Reserve's policy announcement later in the day.
Read moreGoldman upgrades InterContinental Hotels, downgrades Whitbread
18th Sep 2024 13:29
(Sharecast News) - Goldman Sachs upgraded InterContinental Hotels to 'buy' from 'neutral' on Wednesday and cut Premier Inn owner Whitbread to 'neutral' from 'buy' as it reshuffled its European-listed hotel ratings.
Read moreLondon close: Stocks slip as investors digest US jobless claims
5th Sep 2024 18:02
(Sharecast News) - London's stock markets closed in negative territory on Thursday, as investors digested a slightly lower-than-expected jobless claims number out of the United States.
Read moreLondon close: Stocks mixed as investors digest fresh US data
29th Aug 2024 15:12
(Sharecast News) - London's stock markets closed in a mixed state on Thursday, as investors reacted to fresh economic data from the United States, including the latest GDP and jobless claims numbers.
Read moreBroker tips: Future, Whitbread
26th Jun 2024 16:02
(Sharecast News) - Future surged on Wednesday as Jefferies upgraded the shares to 'buy' from 'underperform' and hiked the price target to 1,280p from 635p.
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