Whitbread plc (LON:WTB – Get Free Report) shares hit a new 52-week low during mid-day trading on Thursday . The company traded as low as GBX 3,028 ($37.40) and last traded at GBX 3,031 ($37.44), with a volume of 1223683 shares traded. The stock had previously closed at GBX 3,112 ($38.44).
Analysts Set New Price Targets
Separately, Shore Capital reiterated a “buy” rating on shares of Whitbread in a research report on Tuesday, March 5th. Seven research analysts have rated the stock with a buy rating, According to MarketBeat.com, Whitbread has a consensus rating of “Buy” and an average target price of GBX 4,192.50 ($51.78).
Read Our Latest Research Report on Whitbread
Whitbread Stock Performance
Insider Buying and Selling
In related news, insider Shelley Roberts acquired 417 shares of the stock in a transaction on Thursday, February 1st. The stock was bought at an average cost of GBX 3,575 ($44.16) per share, with a total value of £14,907.75 ($18,413.72). 3.97% of the stock is currently owned by insiders.
Whitbread Company Profile
Whitbread plc operates hotels and restaurants in the United Kingdom, Germany, and internationally. It operates hotels with rooms in the United Kingdom; Middle East; and Germany under the Premier Inn, ZIP by Premier Inn, and hub by Premier Inn brands. The company operates restaurants under the Brewers Fayre, Beefeater, Cookhouse & Pub, Bar+Block Steakhouse, Thyme, and Table Table brands in the United Kingdom.
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