Letko Brosseau & Associates Increased Cenovus Energy (CVE) Stake by $65.81 Million, Whitbread plc (LON:WTB) Covered By 15 Bulls

May 11, 2017 - By Linda Rogers

Among 26 analysts covering Whitbread PLC (LON:WTB), 15 have Buy rating, 1 Sell and 10 Hold. Therefore 58% are positive. Whitbread PLC had 209 analyst reports since July 24, 2015 according to SRatingsIntel. AlphaValue maintained the stock with “Buy” rating in Thursday, December 24 report. Nomura maintained it with “Buy” rating and GBX 5900 target in Wednesday, October 21 report. JP Morgan maintained Whitbread plc (LON:WTB) on Friday, April 15 with “Overweight” rating. The firm has “Add” rating given on Friday, October 16 by Numis Securities. The firm earned “Underweight” rating on Friday, September 9 by Barclays Capital. Societe Generale maintained the shares of WTB in report on Friday, September 4 with “Buy” rating. The firm earned “Buy” rating on Tuesday, October 25 by Canaccord Genuity. The stock of Whitbread plc (LON:WTB) has “Neutral” rating given on Tuesday, September 15 by Natixis. The rating was maintained by Barclays Capital on Wednesday, September 9 with “Overweight”. Credit Suisse maintained the stock with “Outperform” rating in Thursday, September 17 report. See Whitbread plc (LON:WTB) latest ratings:

05/05/2017 Broker: Canaccord Genuity Rating: Buy Old Target: GBX 4500.00 New Target: GBX 4500.00 Maintain
04/05/2017 Broker: Barclays Capital Rating: Equal Weight Old Target: GBX 3875.00 New Target: GBX 3875.00 Maintain
03/05/2017 Broker: Deutsche Bank Rating: Buy Old Target: GBX 4100.00 New Target: GBX 4400.00 Maintain
26/04/2017 Broker: Numis Securities Rating: Hold New Target: GBX 4200.00 Maintain
26/04/2017 Broker: Barclays Capital Rating: Equal Weight Old Target: GBX 4150.00 New Target: GBX 3875.00 Maintain
26/04/2017 Broker: Morgan Stanley Rating: Overweight Old Target: GBX 4700.00 New Target: GBX 4700.00 Maintain
26/04/2017 Broker: Credit Suisse Rating: Outperform Old Target: GBX 4550.00 New Target: GBX 4870.00 Maintain
25/04/2017 Broker: Canaccord Genuity Rating: Buy New Target: GBX 4500.00 Maintain
25/04/2017 Broker: Panmure Gordon Rating: Hold Old Target: GBX 3800.00 New Target: GBX 3800.00 Maintain
25/04/2017 Broker: Shore Capital Rating: Buy Maintain

Letko Brosseau & Associates Inc increased Cenovus Energy Inc (NYSE:CVE) stake by 43.29% reported in 2017Q1 SEC filing. Letko Brosseau & Associates Inc acquired 5.98 million shares as Cenovus Energy Inc (NYSE:CVE)’s stock declined 25.85%. The Letko Brosseau & Associates Inc holds 19.80 million shares with $223.73M value, up from 13.82 million last quarter. Cenovus Energy Inc now has $10.18B valuation. The stock declined 3.04% or $0.3 reaching $9.58 on the news. About 1.32M shares traded. Cenovus Energy Inc (USA) (NYSE:CVE) has declined 30.96% since October 4, 2016 and is downtrending. It has underperformed by 42.54% the S&P500.

Whitbread PLC is a hospitality company. The company has market cap of 7.49 billion GBP. The Firm operates hotels, coffee shops and restaurants. It has a 17.69 P/E ratio. The Firm operates in two divisions: Hotels & Restaurants, and Costa.

The stock decreased 0.71% or GBX 29.31 on May 11, reaching GBX 4084.69. About 669,276 shares traded or 11.32% up from the average. Whitbread plc (LON:WTB) has risen 5.27% since October 11, 2016 and is uptrending. It has underperformed by 6.31% the S&P500.

Cenovus Energy Inc. is a Canada-based integrated oil company. The company has market cap of $10.18 billion. The Firm is engaged in the business of developing, producing and marketing crude oil, natural gas liquids and natural gas. It currently has negative earnings. The Company’s divisions include Oil Sands, Conventional, Refining and Marketing, and Corporate and Eliminations.

Letko Brosseau & Associates Inc decreased Toronto Dominion Bk Ont (NYSE:TD) stake by 259,943 shares to 6.63 million valued at $331.34M in 2017Q1. It also reduced Bb&T Corp (NYSE:BBT) stake by 289,395 shares and now owns 1.12 million shares. Johnson & Johnson (NYSE:JNJ) was reduced too.