Whitbread plc (LON:WTB) Receives GBX 3,194.17 Average Price Target from Analysts

Shares of Whitbread plc (LON:WTB) have been assigned an average recommendation of “Moderate Buy” from the seven research firms that are covering the firm, MarketBeat.com reports. Three investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average 12-month target price among brokerages that have updated their coverage on the stock in the last year is GBX 3,110.83.

WTB has been the subject of a number of recent research reports. Berenberg Bank downgraded shares of Whitbread to a “hold” rating and set a GBX 2,900 price target for the company. in a research note on Monday. Shore Capital reaffirmed a “buy” rating on shares of Whitbread in a research report on Thursday, October 16th. Panmure Gordon reiterated a “buy” rating and set a GBX 3,700 target price on shares of Whitbread in a research note on Tuesday, November 25th. JPMorgan Chase & Co. cut their price target on Whitbread from GBX 2,900 to GBX 2,450 and set a “neutral” rating on the stock in a research note on Tuesday, December 2nd. Finally, Citigroup lifted their price target on Whitbread from GBX 3,100 to GBX 3,300 and gave the stock a “buy” rating in a report on Thursday, January 15th.

Whitbread Stock Performance

Shares of WTB opened at GBX 2,754 on Wednesday. Whitbread has a 1 year low of GBX 2,253 and a 1 year high of GBX 3,302. The stock has a market capitalization of £4.63 billion, a PE ratio of 19.25, a PEG ratio of -3.09 and a beta of 1.11. The company has a debt-to-equity ratio of 33.18, a quick ratio of 1.74 and a current ratio of 0.96. The stock has a 50-day simple moving average of GBX 2,595.19 and a 200-day simple moving average of GBX 2,920.80.

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.