Whitbread (LON:WTB)‘s stock had its “hold” rating reaffirmed by equities research analysts at Numis Securities in a note issued to investors on Thursday, ThisIsMoney.Co.Uk reports.
Other equities analysts have also recently issued reports about the company. Shore Capital reaffirmed a “buy” rating and issued a GBX 5,750 ($75.13) price target on shares of Whitbread in a research note on Tuesday, May 7th. UBS Group reaffirmed a “neutral” rating and issued a GBX 4,800 ($62.72) price target (down from GBX 4,875 ($63.70)) on shares of Whitbread in a research note on Thursday, May 2nd. Royal Bank of Canada decreased their price target on Whitbread from GBX 4,700 ($61.41) to GBX 4,500 ($58.80) and set a “sector performer” rating on the stock in a research note on Wednesday, May 1st. JPMorgan Chase & Co. reduced their target price on Whitbread from GBX 5,400 ($70.56) to GBX 5,100 ($66.64) and set an “overweight” rating on the stock in a research note on Wednesday, May 1st. Finally, Liberum Capital boosted their target price on Whitbread from GBX 4,450 ($58.15) to GBX 4,800 ($62.72) and gave the company a “hold” rating in a research note on Wednesday, February 13th. Ten analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. Whitbread presently has an average rating of “Hold” and an average price target of GBX 5,019.23 ($65.59).
Shares of Whitbread stock opened at GBX 4,693 ($61.32) on Thursday. The company has a debt-to-equity ratio of 13.31, a quick ratio of 5.77 and a current ratio of 5.90. The company has a market capitalization of $8.23 billion and a price-to-earnings ratio of 2.31. Whitbread has a one year low of GBX 3,870 ($50.57) and a one year high of GBX 5,162 ($67.45).
In related news, insider Nicholas Cadbury sold 2,166 shares of the company’s stock in a transaction on Friday, May 31st. The stock was sold at an average price of GBX 4,619 ($60.36), for a total value of £100,047.54 ($130,729.83). Also, insider Louise Smalley sold 232 shares of the company’s stock in a transaction on Tuesday, May 28th. The stock was sold at an average price of GBX 4,588 ($59.95), for a total value of £10,644.16 ($13,908.48).
Whitbread PLC operates hotels, restaurants, and coffee shops. The company operates through two segments, Premier Inn and Costa. It operates approximately 785 hotels with 72,466 rooms in the United Kingdom, as well as hotels under the Premier Inn brand name; hotels under the hub by Premier Inn brand name in the United Kingdom; and restaurants under the Brewers Fayre, Beefeater Grill, Bar+Block, and Table Table brands.
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