Whitbread plc (LON:WTB) Receives Consensus Rating of “Moderate Buy” from Brokerages

Whitbread plc (LON:WTB) has earned an average recommendation of “Moderate Buy” from the seven research firms that are currently covering the stock, Marketbeat Ratings reports. Three analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average 12-month price objective among brokerages that have updated their coverage on the stock in the last year is GBX 3,127.50.

Several research analysts recently issued reports on the stock. Panmure Gordon reiterated a “buy” rating and issued a GBX 3,700 price target on shares of Whitbread in a research note on Tuesday, November 25th. JPMorgan Chase & Co. upped their price objective on shares of Whitbread from GBX 2,450 to GBX 2,550 and gave the stock a “neutral” rating in a report on Thursday, January 29th. Berenberg Bank downgraded shares of Whitbread to a “hold” rating and set a GBX 2,900 target price for the company. in a research note on Monday, January 19th. Peel Hunt reissued a “buy” rating and issued a GBX 3,500 price target on shares of Whitbread in a research report on Thursday, October 16th. Finally, Deutsche Bank Aktiengesellschaft lowered Whitbread to a “hold” rating and reduced their price objective for the company from GBX 3,375 to GBX 2,815 in a research report on Wednesday, December 3rd.

Whitbread Price Performance

WTB opened at GBX 2,689 on Friday. The company has a current ratio of 0.96, a quick ratio of 1.74 and a debt-to-equity ratio of 33.18. The company has a market cap of £4.51 billion, a price-to-earnings ratio of 18.79, a price-to-earnings-growth ratio of -3.09 and a beta of 1.11. The stock has a fifty day simple moving average of GBX 2,589.85 and a two-hundred day simple moving average of GBX 2,892.65. Whitbread has a 12-month low of GBX 2,253 and a 12-month high of GBX 3,302.

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.