Whitbread (LON:WTB) Downgraded to “Hold” Rating by Berenberg Bank

Berenberg Bank downgraded shares of Whitbread (LON:WTB) to a hold rating in a report published on Monday, MarketBeat Ratings reports. Berenberg Bank currently has GBX 2,900 price target on the stock.

Other equities analysts also recently issued reports about the stock. Deutsche Bank Aktiengesellschaft downgraded shares of Whitbread to a “hold” rating and cut their price target for the company from GBX 3,375 to GBX 2,815 in a report on Wednesday, December 3rd. JPMorgan Chase & Co. dropped their target price on Whitbread from GBX 2,900 to GBX 2,450 and set a “neutral” rating for the company in a research report on Tuesday, December 2nd. Citigroup upped their target price on Whitbread from GBX 3,100 to GBX 3,300 and gave the company a “buy” rating in a research note on Thursday, January 15th. Shore Capital reiterated a “buy” rating on shares of Whitbread in a report on Thursday, October 16th. Finally, Panmure Gordon restated a “buy” rating and set a GBX 3,700 price objective on shares of Whitbread in a report on Tuesday, November 25th. Four investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, Whitbread presently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 3,110.83.

Whitbread Trading Down 0.9%

WTB stock opened at GBX 2,757 on Monday. Whitbread has a twelve month low of GBX 2,253 and a twelve month high of GBX 3,302. The stock has a market capitalization of £4.64 billion, a price-to-earnings ratio of 19.27, a price-to-earnings-growth ratio of -3.09 and a beta of 1.11. The company has a quick ratio of 1.74, a current ratio of 0.96 and a debt-to-equity ratio of 33.18. The firm’s fifty day simple moving average is GBX 2,597.63 and its two-hundred day simple moving average is GBX 2,921.99.

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.