Whitbread: UBS still a buyer
(CercleFinance.com) - UBS reiterates its 'buy' rating on Whitbread shares, maintaining its target price of 3,900 pence, which suggests upside potential of 19% for the UK hospitality group's shares.
"With the recovery now underway and UBS Evidence Lab data pointing to a stronger recovery for Premier Inn we see risks now skewed to the upside," analysts summarise.
The share is down about 0.5% in late morning trading on Friday.
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