Whitbread: UBS raises target price

(CercleFinance.com) - UBS maintains its "buy" rating on Whitbread shares, while raising its target price for them from 3,750p to 4,075p, with its new TP implying upside potential of 26% for the British hotel and restaurant group's shares.


Following the release of its quarterly results, the broker says it is raising its EPS estimates by 3% and 5% for 2024 and 2025 respectively, continuing to see it as a market winner, it says.


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