Whitbread plc (LON:WTB) Given Consensus Recommendation of “Moderate Buy” by Analysts

Shares of Whitbread plc (LON:WTB) have been given a consensus rating of “Moderate Buy” by the seven ratings firms that are covering the stock, Marketbeat Ratings reports. Two investment analysts have rated the stock with a hold rating and five have given a buy rating to the company. The average 1-year target price among brokerages that have covered the stock in the last year is GBX 3,194.17.

WTB has been the topic of a number of research analyst reports. Peel Hunt reaffirmed a “buy” rating and issued a GBX 3,500 target price on shares of Whitbread in a report on Thursday, October 16th. Shore Capital reiterated a “buy” rating on shares of Whitbread in a research report on Thursday, October 16th. Deutsche Bank Aktiengesellschaft lowered Whitbread to a “hold” rating and decreased their price objective for the stock from GBX 3,375 to GBX 2,815 in a report on Wednesday, December 3rd. JPMorgan Chase & Co. cut their target price on Whitbread from GBX 2,900 to GBX 2,450 and set a “neutral” rating for the company in a research note on Tuesday, December 2nd. Finally, Panmure Gordon reiterated a “buy” rating and set a GBX 3,700 price target on shares of Whitbread in a research note on Tuesday, November 25th.

Whitbread Stock Performance

Shares of LON WTB opened at GBX 2,560 on Friday. The business’s 50-day moving average price is GBX 2,765.13 and its two-hundred day moving average price is GBX 2,952.86. Whitbread has a one year low of GBX 2,253 and a one year high of GBX 3,302. The company has a market capitalization of £4.33 billion, a P/E ratio of 17.89, a price-to-earnings-growth ratio of -3.09 and a beta of 1.11. The company has a debt-to-equity ratio of 33.18, a current ratio of 0.96 and a quick ratio of 1.74.

Whitbread (LON:WTB) last posted its earnings results on Thursday, October 16th. The company reported GBX 133.70 EPS for the quarter. Whitbread had a net margin of 8.08% and a return on equity of 6.83%. Analysts anticipate that Whitbread will post 227.1851852 earnings per share for the current fiscal year.

Insider Activity

In other Whitbread news, insider Richard Gillingwater purchased 500 shares of the business’s stock in a transaction on Tuesday, October 21st. The stock was purchased at an average price of GBX 2,974 per share, for a total transaction of £14,870. Also, insider Christine Mary Hodgson acquired 10,000 shares of the firm’s stock in a transaction on Friday, October 17th. The shares were bought at an average cost of GBX 2,880 per share, for a total transaction of £288,000. 0.39% of the stock is currently owned by insiders.

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.