Brokerages Set Whitbread plc (LON:WTB) PT at GBX 3,194.17

Whitbread plc (LON:WTB) has been assigned an average recommendation of “Moderate Buy” from the seven ratings firms that are covering the company, Marketbeat.com reports. Two research analysts have rated the stock with a hold rating and five have given a buy rating to the company. The average 1 year price objective among brokers that have issued ratings on the stock in the last year is GBX 3,110.83.

Several analysts recently issued reports on the company. Shore Capital reiterated a “buy” rating on shares of Whitbread in a report on Thursday, October 16th. Panmure Gordon restated a “buy” rating and issued a GBX 3,700 price target on shares of Whitbread in a research note on Tuesday, November 25th. Citigroup upped their price objective on Whitbread from GBX 3,100 to GBX 3,300 and gave the stock a “buy” rating in a research note on Thursday. Deutsche Bank Aktiengesellschaft downgraded Whitbread to a “hold” rating and cut their price objective for the company from GBX 3,375 to GBX 2,815 in a report on Wednesday, December 3rd. Finally, Berenberg Bank decreased their target price on shares of Whitbread from GBX 3,500 to GBX 2,900 and set a “buy” rating for the company in a research note on Thursday, December 4th.

Insider Activity at Whitbread

In other news, insider Richard Gillingwater acquired 500 shares of the stock in a transaction dated Tuesday, October 21st. The shares were bought at an average cost of GBX 2,974 per share, for a total transaction of £14,870. 0.39% of the stock is currently owned by company insiders.

Whitbread Stock Up 0.7%

Shares of WTB stock opened at GBX 2,800.62 on Wednesday. The company has a current ratio of 0.96, a quick ratio of 1.74 and a debt-to-equity ratio of 33.18. Whitbread has a 1 year low of GBX 2,253 and a 1 year high of GBX 3,302. The firm’s fifty day moving average price is GBX 2,599.11 and its two-hundred day moving average price is GBX 2,922.77. The firm has a market capitalization of £4.71 billion, a P/E ratio of 19.57, a PEG ratio of -3.09 and a beta of 1.11.

Whitbread (LON:WTB) last posted its quarterly earnings data on Thursday, October 16th. The company reported GBX 133.70 EPS for the quarter. Whitbread had a net margin of 8.08% and a return on equity of 6.83%. On average, equities analysts predict that Whitbread will post 227.1851852 EPS for the current fiscal year.

About Whitbread

Whitbread is the owner of Premier Inn, the UK’s biggest
hotel brand, with 86,000 rooms in over 850 hotels
and a growing presence in Germany with 10,500 rooms in
59 hotels, offering quality accommodation at affordable
prices in great locations.

People are at the heart of our business. We employ over
38,000 team members in over 900 Premier Inn hotels
across the UK and Germany.