Whitbread (LON:WTB) Sets New 52-Week Low at $3,028.00

Whitbread plc (LON:WTB)’s share price hit a new 52-week low on Thursday . The company traded as low as GBX 3,028 ($37.40) and last traded at GBX 3,031 ($37.44), with a volume of 1223683 shares. The stock had previously closed at GBX 3,112 ($38.44).

Analyst Upgrades and Downgrades

Separately, Shore Capital reissued a “buy” rating on shares of Whitbread in a research report on Tuesday, March 5th. Seven equities research analysts have rated the stock with a buy rating, According to MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus price target of GBX 4,192.50 ($51.78).

Whitbread Stock Down 2.7 %

The firm has a market cap of £5.59 billion, a price-to-earnings ratio of 1,788.76, a price-to-earnings-growth ratio of -3.09 and a beta of 1.08. The company has a quick ratio of 1.74, a current ratio of 1.42 and a debt-to-equity ratio of 125.83. The stock’s 50 day moving average is GBX 3,275.77 and its 200 day moving average is GBX 3,375.37.

Insider Buying and Selling

In other Whitbread news, insider Shelley Roberts bought 417 shares of Whitbread stock in a transaction that occurred on Thursday, February 1st. The stock was purchased at an average cost of GBX 3,575 ($44.16) per share, for a total transaction of £14,907.75 ($18,413.72). 3.97% of the stock is currently owned by insiders.

Whitbread Company Profile

Whitbread plc operates hotels and restaurants in the United Kingdom, Germany, and internationally. It operates hotels with rooms in the United Kingdom; Middle East; and Germany under the Premier Inn, ZIP by Premier Inn, and hub by Premier Inn brands. The company operates restaurants under the Brewers Fayre, Beefeater, Cookhouse & Pub, Bar+Block Steakhouse, Thyme, and Table Table brands in the United Kingdom.