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Golden oldie's return to top; MARKET REPORT.

Publication: The Daily Mail (London, England)
Publication Date: 22-SEP-09
Format: Online
Delivery: Immediate Online Access
Full Article Title: Golden oldie's return to top; MARKET REPORT.(Business)

Article Excerpt
Byline: by Geoff Foster

VERA Lynn. The Beatles. A postal strike and rising unemployment. It's the age of the comeback.

Whitbread checked back into the Footsie yesterday after an enforced absence but found the going tough. Shares of the Premier Inn to Costa Coffee and Beefeater group drifted lower with the general trend to finish 13p cheaper at 1248p. Goldman Sachs didn't help by removing the group from its Conviction Buy list.

Rival US broker Morgan Stanley, on the other hand, reckons Whitbread is the cheapest stock in the hotel sector and has lifted its price target by a hefty 40pc to 1540p. It expects some positive...

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