Whitbread (LON:WTB) Price Target Raised to GBX 2,550

Whitbread (LON:WTB) had its price objective raised by JPMorgan Chase & Co. from GBX 2,450 to GBX 2,550 in a research note published on Thursday, MarketBeat reports. JPMorgan Chase & Co. currently has a neutral rating on the stock.

A number of other equities analysts also recently commented on WTB. Shore Capital reiterated a “buy” rating on shares of Whitbread in a research note on Thursday, October 16th. Peel Hunt reiterated a “buy” rating and issued a GBX 3,500 price objective on shares of Whitbread in a report on Thursday, October 16th. Panmure Gordon reissued a “buy” rating and set a GBX 3,700 target price on shares of Whitbread in a research report on Tuesday, November 25th. Citigroup upped their price target on Whitbread from GBX 3,100 to GBX 3,300 and gave the company a “buy” rating in a report on Thursday, January 15th. Finally, Deutsche Bank Aktiengesellschaft lowered shares of Whitbread to a “hold” rating and dropped their price target for the company from GBX 3,375 to GBX 2,815 in a research note on Wednesday, December 3rd. Four analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of GBX 3,127.50.

Whitbread Price Performance

WTB opened at GBX 2,724 on Thursday. Whitbread has a 1 year low of GBX 2,253 and a 1 year high of GBX 3,302. The stock has a fifty day moving average price of GBX 2,591.49 and a 200 day moving average price of GBX 2,906.97. The company has a current ratio of 0.96, a quick ratio of 1.74 and a debt-to-equity ratio of 33.18. The stock has a market cap of £4.58 billion, a price-to-earnings ratio of 19.04, a PEG ratio of -3.09 and a beta of 1.11.

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.