(CercleFinance.com) – Whitbread maintains its balance and thus outperforms the trend in London, helped by remarks from Liberum which reaffirms its ‘buy’ advice and raises its price target from 3,320 to 3,740 pence on the title of the hotel group Premier Inn regulator.
The broker is improving its taxable profit forecast to reflect continued occupancy levels and pricing power. It also highlights a robust balance sheet, which leaves room for acquisitions in Germany and dividends.
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