Whitbread plc (LON:WTB) Given Consensus Rating of “Moderate Buy” by Brokerages

Shares of Whitbread plc (LON:WTB) have received a consensus recommendation of “Moderate Buy” from the seven analysts that are currently covering the firm, MarketBeat reports. Three investment analysts have rated the stock with a hold rating and four have issued a buy rating on the company. The average 1 year price target among brokers that have issued a report on the stock in the last year is GBX 3,071.67.

A number of equities analysts recently weighed in on WTB shares. Deutsche Bank Aktiengesellschaft lowered their price target on shares of Whitbread from GBX 2,815 to GBX 2,530 and set a “hold” rating on the stock in a research report on Wednesday, May 6th. JPMorgan Chase & Co. lowered their price target on shares of Whitbread from GBX 2,550 to GBX 2,500 and set a “neutral” rating on the stock in a research report on Monday, March 30th. Finally, Berenberg Bank lowered shares of Whitbread to a “hold” rating and set a GBX 2,900 price target on the stock. in a research report on Monday, January 19th.

Insider Transactions at Whitbread

In other Whitbread news, insider Shelley Roberts purchased 1,290 shares of the stock in a transaction that occurred on Friday, May 8th. The shares were purchased at an average cost of GBX 2,309 per share, for a total transaction of £29,786.10. Also, insider Kal Atwal purchased 462 shares of the stock in a transaction that occurred on Wednesday, February 18th. The shares were acquired at an average price of GBX 2,737 per share, for a total transaction of £12,644.94. Insiders own 0.40% of the company’s stock.

Whitbread Stock Up 0.3%

Shares of LON WTB opened at GBX 2,361 on Tuesday. The company’s 50-day simple moving average is GBX 2,383.78 and its 200-day simple moving average is GBX 2,562.69. Whitbread has a 52-week low of GBX 2,098 and a 52-week high of GBX 3,302. The firm has a market cap of £3.94 billion, a price-to-earnings ratio of 19.29, a price-to-earnings-growth ratio of -3.09 and a beta of 0.64. The company has a quick ratio of 1.74, a current ratio of 0.44 and a debt-to-equity ratio of 174.28.

Whitbread (LON:WTB) last announced its earnings results on Thursday, April 30th. The company reported GBX 123.30 earnings per share (EPS) for the quarter. Whitbread had a net margin of 7.29% and a return on equity of 6.73%. The business had revenue of GBX 292.02 billion for the quarter. 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.