BUZZ-Whitbread: Bottom of FTSE 100 after GS cuts to "sell"

** Whitbread (Frankfurt: WHF4.F - news) shares down c.2 pct after a four-star rated Goldman Sachs (NYSE: GS-PB - news) analyst cuts rating to "sell" from "neutral"

** GS expects Whitbread - the owner of Premier Inn hotels and the Costa Coffee chain - to lag UK hotel industry this year, with only c.1 pct RevPAR expected for co vs. UK YTD avg of 7 pct

** "While we usually see a lag between FX weakness and tourist volume pick-ups, we think WTB is unlikely to benefit from trend due to its largely regional business exposure" - GS

** Says Costa Coffee LFL growth likely to be under pressure from still weak footfall trends and more uncertain consumer outlook in the UK

** In April, Whitbread warned of tougher times ahead citing a more difficult consumer environment

** GS cuts PT on stock to 3,900p from 4,000p

** Top loser on the FTSE 100 index; poised for worst day in over a month on Friday

** Stock down >23 pct from early 2015 highs (RM (LSE: RM.L - news) :rahul.b.thomsonreuters.com@reuters.net)