Whitbread plc (LON:WTB) Receives Average Rating of “Moderate Buy” from Analysts

Whitbread plc (LON:WTB) has received an average rating of “Moderate Buy” from the seven research firms that are presently covering the company, MarketBeat.com reports. Three investment analysts have rated the stock with a hold rating and four have assigned 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 3,127.50.

Several analysts have issued reports on WTB shares. Deutsche Bank Aktiengesellschaft downgraded Whitbread to a “hold” rating and cut their price objective for the stock from GBX 3,375 to GBX 2,815 in a report on Wednesday, December 3rd. Panmure Gordon reissued a “buy” rating and issued a GBX 3,700 target price on shares of Whitbread in a research report on Tuesday, November 25th. Berenberg Bank lowered shares of Whitbread to a “hold” rating and set a GBX 2,900 price target on the stock. in a report on Monday, January 19th. Citigroup upped their price target on shares of Whitbread from GBX 3,100 to GBX 3,300 and gave the company a “buy” rating in a research report on Thursday, January 15th. Finally, JPMorgan Chase & Co. raised their price objective on shares of Whitbread from GBX 2,450 to GBX 2,550 and gave the stock a “neutral” rating in a research note on Thursday, January 29th.

Insiders Place Their Bets

In other Whitbread news, insider Christine Mary Hodgson purchased 7,750 shares of the company’s stock in a transaction that occurred on Monday, February 16th. The shares were purchased at an average cost of GBX 2,706 per share, with a total value of £209,715. Also, insider Kal Atwal acquired 462 shares of Whitbread stock in a transaction that occurred on Wednesday, February 18th. The stock was acquired at an average cost of GBX 2,737 per share, with a total value of £12,644.94. 0.40% of the stock is owned by corporate insiders.

Whitbread Trading Down 0.8%

LON:WTB opened at GBX 2,416 on Thursday. The company has a quick ratio of 1.74, a current ratio of 0.66 and a debt-to-equity ratio of 178.99. Whitbread has a 1-year low of GBX 2,253 and a 1-year high of GBX 3,302. The firm has a market capitalization of £4.03 billion, a price-to-earnings ratio of 16.88, a price-to-earnings-growth ratio of -3.09 and a beta of 0.62. The stock has a fifty day simple moving average of GBX 2,660.71 and a 200 day simple moving average of GBX 2,814.70.

Whitbread Company Profile

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.