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

Whitbread plc (LON:WTB) has received an average rating of “Moderate Buy” from the five analysts that are covering the firm, MarketBeat Ratings reports. Two analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average twelve-month price objective among brokerages that have issued ratings on the stock in the last year is GBX 2,713.33 ($35.78).

A number of equities analysts have issued reports on the company. Shore Capital reaffirmed a “buy” rating on shares of Whitbread in a report on Thursday, January 16th. Citigroup dropped their target price on shares of Whitbread from GBX 3,700 ($48.79) to GBX 3,300 ($43.51) and set a “buy” rating on the stock in a report on Tuesday. Finally, JPMorgan Chase & Co. cut Whitbread to a “neutral” rating in a research note on Friday, March 7th.

Whitbread Price Performance

WTB stock traded up GBX 24 ($0.32) during trading on Tuesday, reaching GBX 2,524 ($33.28). 393,099 shares of the company were exchanged, compared to its average volume of 2,976,020. Whitbread has a twelve month low of GBX 2,253 ($29.71) and a twelve month high of GBX 3,352 ($44.20). The company has a market capitalization of £4.51 billion, a price-to-earnings ratio of 19.52, a P/E/G ratio of -3.09 and a beta of 1.11. The company has a debt-to-equity ratio of 33.18, a current ratio of 0.96 and a quick ratio of 1.74. The company has a 50-day moving average of GBX 2,570.95 and a two-hundred day moving average of GBX 2,851.26.

Insider Buying and Selling at Whitbread

In other news, insider Kal Atwal bought 1,130 shares of the business’s stock in a transaction that occurred on Thursday, February 20th. The shares were bought at an average cost of GBX 2,621 ($34.56) per share, for a total transaction of £29,617.30 ($39,052.35). Insiders own 1.03% of the company’s stock.

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.