Whitbread (LON:WTB) Given “Buy” Rating at Shore Capital Group

Whitbread (LON:WTB)‘s stock had its “buy” rating reiterated by analysts at Shore Capital Group in a report released on Thursday,Digital Look reports. They presently have a GBX 3,700 price objective on the stock. Shore Capital Group’s price target would indicate a potential upside of 55.31% from the company’s current price.

WTB has been the topic of several other research reports. Berenberg Bank decreased their price target on Whitbread from GBX 2,900 to GBX 2,280 and set a “hold” rating on the stock in a research note on Monday, June 1st. JPMorgan Chase & Co. decreased their price target on Whitbread from GBX 2,550 to GBX 2,500 and set a “neutral” rating on the stock in a research note on Monday, March 30th. UBS Group reaffirmed a “buy” rating and issued a GBX 2,975 price target on shares of Whitbread in a research note on Friday, June 12th. Finally, Deutsche Bank Aktiengesellschaft decreased their price target on Whitbread from GBX 2,815 to GBX 2,530 and set a “hold” rating on the stock in a research note on Wednesday, May 6th. Five analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of GBX 3,060.63.

Whitbread Price Performance

Shares of LON:WTB opened at GBX 2,382.30 on Thursday. The business’s 50 day moving average is GBX 2,390.95 and its 200-day moving average is GBX 2,491.08. The company has a current ratio of 0.44, a quick ratio of 1.74 and a debt-to-equity ratio of 174.28. The firm has a market capitalization of £3.98 billion, a PE ratio of 19.46, a PEG ratio of -3.09 and a beta of 0.65. Whitbread has a 1-year low of GBX 2,098 and a 1-year high of GBX 3,302.

Whitbread (LON:WTB) last announced its quarterly earnings results on Thursday, April 30th. The company reported GBX 123.30 EPS for the quarter. The business had revenue of GBX 292.02 billion for the quarter. Whitbread had a return on equity of 6.73% and a net margin of 7.29%. Sell-side analysts predict that Whitbread will post 227.1851852 earnings per share for the current year.

Insider Buying and Selling at Whitbread

In other news, insider Shelley Roberts bought 1,290 shares of the company’s stock in a transaction dated Friday, May 8th. The stock was bought at an average price of GBX 2,309 per share, for a total transaction of £29,786.10. 0.42% of the stock is currently owned by insiders.

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.