Whitbread plc (LON:WTB) Stock Has Average Price Target of GBX 2,904.38

Shares of Whitbread plc (LON:WTB) have received a consensus recommendation of “Moderate Buy” from the eight brokerages that are currently covering the stock, Marketbeat reports. Four analysts have rated the stock with a hold rating and four have issued a buy rating on the company. The average 1 year price objective among brokers that have issued ratings on the stock in the last year is GBX 2,904.38.

Several research firms have recently weighed in on WTB. Jefferies Financial Group boosted their price target on Whitbread from GBX 2,050 to GBX 2,250 and gave the stock a “hold” rating in a report on Wednesday, August 26th. Shore Capital Group reiterated a “buy” rating and set a GBX 3,700 price target on shares of Whitbread in a report on Thursday, June 18th. Berenberg Bank reiterated a “hold” rating and issued a GBX 2,280 price target on shares of Whitbread in a research report on Monday, June 22nd. Finally, Citigroup upped their price target on Whitbread from GBX 3,100 to GBX 3,300 and gave the company a “buy” rating in a research report on Friday, August 21st.

Whitbread Stock Performance

Shares of Whitbread stock opened at GBX 2,558 on Friday. The company has a debt-to-equity ratio of 179.41, a current ratio of 0.33 and a quick ratio of 1.74. Whitbread has a fifty-two week low of GBX 2,098 and a fifty-two week high of GBX 3,175. The firm has a market capitalization of £4.28 billion, a P/E ratio of 20.90, a P/E/G ratio of -3.09 and a beta of 0.65. The company’s 50 day moving average price is GBX 2,421.08 and its two-hundred day moving average price is GBX 2,407.48.

Whitbread (LON:WTB) last posted its earnings results on Tuesday, October 13th. The company reported GBX 125.10 EPS for the quarter. Whitbread had a return on equity of 1.85% and a net margin of 1.96%. On average, equities analysts forecast that Whitbread will post 227.19 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, insider Shelley Roberts bought 485 shares of Whitbread stock in a transaction that occurred on Tuesday, August 11th. The shares were acquired at an average cost of GBX 2,456 per share, for a total transaction of £11,911.60. 0.42% of the stock is owned by insiders.

About Whitbread

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.