Whitbread plc (WTB) Given Consensus Rating of “Buy” by Analysts
Shares of Whitbread plc (LON:WTB) have earned an average recommendation of “Buy” from the sixteen analysts that are covering the company, MarketBeat reports. Eight investment analysts have rated the stock with a hold recommendation and eight have issued a buy recommendation on the company. The average 12 month price target among brokerages that have covered the stock in the last year is GBX 5,020 ($65.60).
WTB has been the topic of several recent research reports. Credit Suisse Group upped their price objective on Whitbread from GBX 4,950 ($64.68) to GBX 5,600 ($73.17) and gave the stock an “outperform” rating in a research report on Thursday. Barclays restated an “equal weight” rating and issued a GBX 5,100 ($66.64) price objective on shares of Whitbread in a research report on Thursday, November 8th. Shore Capital restated a “buy” rating on shares of Whitbread in a research report on Friday, September 7th. Numis Securities restated an “add” rating and issued a GBX 5,400 ($70.56) price objective on shares of Whitbread in a research report on Friday, September 7th. Finally, UBS Group restated a “neutral” rating on shares of Whitbread in a research report on Wednesday, October 17th.
In other Whitbread news, insider Adam Crozier bought 2,000 shares of Whitbread stock in a transaction dated Tuesday, November 13th. The stock was acquired at an average cost of GBX 4,561 ($59.60) per share, with a total value of £91,220 ($119,195.09). Also, insider Richard Gillingwater acquired 1,000 shares of Whitbread stock in a transaction that occurred on Thursday, November 1st. The stock was purchased at an average cost of GBX 4,531 ($59.21) per share, with a total value of £45,310 ($59,205.54).
The business also recently disclosed a dividend, which will be paid on Friday, December 14th. Shareholders of record on Thursday, November 8th will be given a GBX 32.70 ($0.43) dividend. The ex-dividend date is Thursday, November 8th. This represents a yield of 0.74%.
Whitbread Company Profile
Whitbread PLC operates hotels, restaurants, and coffee shops. The company operates through two segments, Premier Inn and Costa. It operates approximately 785 hotels with 72,466 rooms in the United Kingdom, as well as hotels under the Premier Inn brand name; hotels under the hub by Premier Inn brand name in the United Kingdom; and restaurants under the Brewers Fayre, Beefeater Grill, Bar+Block, and Table Table brands.
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