Whitbread (LON:WTB) Reaches New 1-Year Low – What’s Next?

Whitbread plc (LON:WTB)’s share price reached a new 52-week low on Monday . The stock traded as low as GBX 2,253 and last traded at GBX 2,283, with a volume of 31636121 shares traded. The stock had previously closed at GBX 2,303.

Analysts Set New Price Targets

WTB has been the subject of several analyst reports. Berenberg Bank lowered shares of Whitbread to a “hold” rating and set a GBX 2,900 price objective for the company. in a research note on Monday, January 19th. Citigroup boosted their target price on Whitbread from GBX 3,100 to GBX 3,300 and gave the stock a “buy” rating in a research note on Thursday, January 15th. Deutsche Bank Aktiengesellschaft lowered Whitbread to a “hold” rating and reduced their target price for the company from GBX 3,375 to GBX 2,815 in a report on Wednesday, December 3rd. Panmure Gordon reaffirmed a “buy” rating and set a GBX 3,700 price target on shares of Whitbread in a research report on Tuesday, November 25th. Finally, JPMorgan Chase & Co. lifted their price target on Whitbread from GBX 2,450 to GBX 2,550 and gave the stock a “neutral” rating in a report on Thursday, January 29th. Four equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of GBX 3,127.50.

Whitbread Price Performance

The business’s fifty day moving average is GBX 2,633.26 and its 200-day moving average is GBX 2,774.55. The company has a debt-to-equity ratio of 178.99, a current ratio of 0.66 and a quick ratio of 1.74. The firm has a market cap of £3.80 billion, a PE ratio of 15.90, a P/E/G ratio of -3.09 and a beta of 0.62.

Insider Buying and Selling

In related news, insider Kal Atwal purchased 462 shares of the stock in a transaction that occurred on Wednesday, February 18th. The shares were bought at an average price of GBX 2,737 per share, with a total value of £12,644.94. Also, insider Christine Mary Hodgson acquired 7,750 shares of the company’s stock in a transaction that occurred on Monday, February 16th. The stock was purchased at an average price of GBX 2,706 per share, for a total transaction of £209,715. 0.40% of the stock is owned by corporate insiders.

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.