Whitbread plc (LON:WTB) Receives Average Rating of “Moderate Buy” from Analysts

Shares of Whitbread plc (LON:WTB) have been assigned an average recommendation of “Moderate Buy” from the eight analysts that are currently covering the company, Marketbeat Ratings reports. Three research analysts have rated the stock with a hold rating and five have issued a buy rating on the company. The average 1 year target price among analysts that have issued ratings on the stock in the last year is GBX 6,523.12.

A number of research analysts have weighed in on the stock. Berenberg Bank reaffirmed a “hold” rating and issued a GBX 2,280 price objective on shares of Whitbread in a report on Monday, June 22nd. Shore Capital Group reissued a “buy” rating and issued a GBX 3,700 price target on shares of Whitbread in a research note on Thursday, June 18th. Citigroup reduced their price objective on shares of Whitbread from £330 to £310 and set a “buy” rating for the company in a research report on Friday, June 19th. Deutsche Bank Aktiengesellschaft decreased their price objective on shares of Whitbread from GBX 2,815 to GBX 2,530 and set a “hold” rating on the stock in a report on Wednesday, May 6th. Finally, JPMorgan Chase & Co. dropped their target price on shares of Whitbread from GBX 2,550 to GBX 2,500 and set a “neutral” rating on the stock in a research report on Monday, March 30th.

Insider Activity at Whitbread

In other news, insider Shelley Roberts bought 1,290 shares of the firm’s stock in a transaction dated Friday, May 8th. The shares were acquired at an average price of GBX 2,309 per share, for a total transaction of £29,786.10. Also, insider Dominic Paul purchased 717 shares of the stock in a transaction dated Friday, July 3rd. The stock was purchased at an average cost of GBX 2,410 per share, for a total transaction of £17,279.70. 0.42% of the stock is currently owned by insiders.

Whitbread Price Performance

LON WTB opened at GBX 2,350 on Wednesday. Whitbread has a 1 year low of GBX 2,098 and a 1 year high of GBX 3,302. The company has a market cap of £3.93 billion, a price-to-earnings ratio of 19.20, a PEG ratio of -3.09 and a beta of 0.65. The company has a debt-to-equity ratio of 174.28, a current ratio of 0.44 and a quick ratio of 1.74. The stock’s fifty day moving average price is GBX 2,376.21 and its 200 day moving average price is GBX 2,493.16.

Whitbread (LON:WTB) last issued its earnings results on Thursday, April 30th. The company reported GBX 123.30 EPS for the quarter. The firm had revenue of GBX 292.02 billion for the quarter. Whitbread had a return on equity of 6.73% and a net margin of 7.29%. As a group, equities research analysts forecast that Whitbread will post 227.1851852 earnings per share for the current year.

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.