Whitbread (LON:WTB)‘s stock had its “buy” rating reissued by Peel Hunt in a research report issued on Monday, ThisIsMoney.Co.Uk reports.
WTB has been the subject of several other reports. Liberum Capital decreased their price objective on shares of Whitbread from GBX 4,200 ($51.69) to GBX 2,600 ($32.00) and set a “hold” rating for the company in a report on Wednesday, May 27th. Deutsche Bank reduced their price target on shares of Whitbread from GBX 2,690 ($33.10) to GBX 2,250 ($27.69) and set a “hold” rating on the stock in a research report on Friday, May 22nd. Citigroup restated a “neutral” rating and issued a GBX 2,600 ($32.00) price target on shares of Whitbread in a research report on Friday, June 5th. Morgan Stanley reduced their price target on shares of Whitbread from GBX 4,400 ($54.15) to GBX 3,200 ($39.38) and set an “equal weight” rating on the stock in a research report on Wednesday, April 15th. Finally, Royal Bank of Canada reduced their price target on shares of Whitbread from GBX 3,400 ($41.84) to GBX 2,350 ($28.92) and set an “underperform” rating on the stock in a research report on Monday, May 25th. Four research analysts have rated the stock with a sell rating, ten have issued a hold rating and three have issued a buy rating to the company. Whitbread currently has an average rating of “Hold” and a consensus price target of GBX 3,296.88 ($40.57).
WTB opened at GBX 2,222 ($27.34) on Monday. The company has a fifty day simple moving average of GBX 2,509.38 and a 200 day simple moving average of GBX 3,499.26. The firm has a market cap of $4.43 billion and a price-to-earnings ratio of 15.38. Whitbread has a twelve month low of GBX 1,805.50 ($22.22) and a twelve month high of GBX 5,194 ($63.92). The company has a current ratio of 1.31, a quick ratio of 1.25 and a debt-to-equity ratio of 92.04.
In related news, insider Frank Fiskers purchased 1,200 shares of the company’s stock in a transaction on Thursday, June 11th. The shares were bought at an average cost of GBX 2,441 ($30.04) per share, for a total transaction of £29,292 ($36,047.26). Also, insider Nicholas Cadbury sold 3,358 shares of the business’s stock in a transaction dated Monday, June 22nd. The stock was sold at an average price of GBX 2,385 ($29.35), for a total transaction of £80,088.30 ($98,558.09).
Whitbread PLC operates hotels, restaurants, and coffee shops. The company operates through two segments, Premier Inn and Costa. It operates approximately 785 hotels with 72,466 rooms in the United Kingdom, as well as hotels under the Premier Inn brand name; hotels under the hub by Premier Inn brand name in the United Kingdom; and restaurants under the Brewers Fayre, Beefeater Grill, Bar+Block, and Table Table brands.
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