Jefferies reiterated its ‘buy’ rating on Whitbread but lowered its target price on the stock to 4,000.0p from 4,200.0p on the back of the hospitality firm’s growth plans.
In a research note, JP Morgan analyst Estelle Weingrod has maintained his recommendation on the stock with a Neutral rating. The target price is lowered from GBX 17100 to GBX 15700.
Berenberg downgraded Johnson Matthey on Thursday to 'hold' from 'buy' as it cut its price target on the stock to 1,650.0p from 2,200.0p, saying the stock was "interesting, but no longer compelling".