Whitbread plc (LON:WTB) Receives GBX 3,480 Average Price Target from Brokerages

Whitbread plc (LON:WTB) has received an average rating of “Moderate Buy” from the six analysts that are covering the firm, Marketbeat.com reports. One analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. The average 1-year price objective among analysts that have updated their coverage on the stock in the last year is GBX 3,480.

WTB has been the subject of several recent research reports. Shore Capital reissued a “buy” rating on shares of Whitbread in a report on Thursday, October 16th. Citigroup lifted their price target on Whitbread from GBX 3,600 to GBX 3,800 and gave the company a “buy” rating in a research report on Thursday, August 21st. JPMorgan Chase & Co. boosted their price objective on Whitbread from GBX 2,800 to GBX 2,900 and gave the company a “neutral” rating in a research note on Friday, October 17th. Peel Hunt restated a “buy” rating and issued a GBX 3,500 target price on shares of Whitbread in a research note on Thursday, October 16th. Finally, Panmure Gordon reiterated a “buy” rating and set a GBX 3,700 price target on shares of Whitbread in a research report on Tuesday, November 25th.

Insider Buying and Selling

In other news, insider Richard Gillingwater purchased 500 shares of Whitbread stock in a transaction dated Tuesday, October 21st. The stock was purchased at an average cost of GBX 2,974 per share, for a total transaction of £14,870. Also, insider Christine Mary Hodgson purchased 10,000 shares of the firm’s stock in a transaction dated Friday, October 17th. The stock was purchased at an average cost of GBX 2,880 per share, for a total transaction of £288,000. Corporate insiders own 0.38% of the company’s stock.

Whitbread Trading Down 11.3%

Shares of WTB stock opened at GBX 2,493.73 on Tuesday. The company has a quick ratio of 1.74, a current ratio of 0.96 and a debt-to-equity ratio of 33.18. The firm has a market cap of £4.26 billion, a P/E ratio of 17.43, a PEG ratio of -3.09 and a beta of 1.11. The company has a 50 day moving average of GBX 3,004.93 and a 200-day moving average of GBX 2,998.16. Whitbread has a 12-month low of GBX 2,253 and a 12-month high of GBX 3,302.

Whitbread (LON:WTB) last announced its quarterly earnings data on Thursday, October 16th. The company reported GBX 133.70 earnings per share for the quarter. Whitbread had a return on equity of 6.83% and a net margin of 8.08%. Sell-side analysts anticipate that Whitbread will post 227.1851852 earnings per share for the current year.

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.