Berenberg says markets wrong to price in continued fall in demand at Whitbread
26th Jun 2024 07:46
(Sharecast News) - Analysts at Berenberg kept their recommendation for Whitbread at 'buy', arguing that markets were wrong to price in a continued drop in demand.
Read moreLondon close: Stocks manage a positive finish
18th Jun 2024 16:33
(Sharecast News) - London stocks closed on a high note on Tuesday, buoyed by strong performances from key sectors and a notable rise in Whitbread shares following positive first-quarter results.
Read moreWhitbread confident on FY despite flat first quarter
18th Jun 2024 07:19
(Sharecast News) - Premier Inn owner Whitbread said it was confident on its full year outlook despite flat first quarter sales.
Read moreJefferies trims price target, reiterates 'buy' on Whitbread
12th Jun 2024 09:25
(Sharecast News) - Jefferies has reiterated its 'buy' rating on Whitbread, on the back of the hospitality firm's growth plans.
Read moreJPMorgan reiterates 'overweight' on Whitbread
31st May 2024 09:43
(Sharecast News) - JPMorgan Cazenove reiterated its 'overweight' rating on Whitbread on Friday as it said it continues to be one of its key convictions, and sees the recent pullback - the shares are down 20% year-to-date - as "an opportunity to revisit the story".
Read moreLondon close: Stocks slip on UK election, US jobless claims
23rd May 2024 16:46
(Sharecast News) - London stocks ended lower on Thursday, mirroring Wall Street's decline as jobless claims in the US fell more than anticipated.
Read moreLondon close: Stocks follow Wall Street into the red
30th Apr 2024 17:08
(Sharecast News) - London markets closed in the red on Tuesday, turning weaker during the afternoon to mirror the decline in Wall Street equities, as investors monitored the start of the Federal Reserve's two-day policy meeting.
Read moreWhitbread to cut 1,500 job losses as it doubles down on hotels
30th Apr 2024 07:19
(Sharecast News) - Hospitality group Whitbread has announced a £150m share buyback and beefed up its dividend after seeing its bottom line jump by more than a third in the year to 29 February, as it unveiled plans to cut jobs as it turns underperforming restaurants into more hotels.
Read moreLondon 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 more