Shares of Whitbread plc (LON:WTB – Get Free Report) have earned a consensus recommendation of “Moderate Buy” from the seven ratings firms that are covering the stock, Marketbeat reports. Three research analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 1 year target price among analysts that have covered the stock in the last year is GBX 3,119.17.
WTB has been the subject of several research analyst reports. Berenberg Bank downgraded shares of Whitbread to a “hold” rating and set a GBX 2,900 price target for the company. in a research report on Monday, January 19th. Citigroup lifted their price objective on Whitbread from GBX 3,100 to GBX 3,300 and gave the stock a “buy” rating in a report on Thursday, January 15th. Finally, JPMorgan Chase & Co. cut their price objective on Whitbread from GBX 2,550 to GBX 2,500 and set a “neutral” rating for the company in a research note on Monday, March 30th.
Check Out Our Latest Research Report on WTB
Whitbread Trading Down 2.9%
Insider Activity at Whitbread
In other news, insider Christine Mary Hodgson purchased 7,750 shares of the company’s stock in a transaction that occurred on Monday, February 16th. The stock was purchased at an average cost of GBX 2,706 per share, for a total transaction 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 purchased at an average cost of GBX 2,737 per share, with a total value of £12,644.94. 0.40% of the stock is currently owned by insiders.
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.
Further Reading
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