Whitbread (LON:WTB – Get Free Report)‘s stock had its “hold” rating reaffirmed by investment analysts at Berenberg Bank in a research note issued on Monday,Digital Look reports. They presently have a GBX 2,280 price objective on the stock. Berenberg Bank’s price target suggests a potential downside of 6.65% from the company’s previous close.
A number of other research firms have also recently commented on WTB. JPMorgan Chase & Co. dropped their price objective on Whitbread from GBX 2,550 to GBX 2,500 and set a “neutral” rating for the company in a research report on Monday, March 30th. Deutsche Bank Aktiengesellschaft lowered their price target on shares of Whitbread from GBX 2,815 to GBX 2,530 and set a “hold” rating for the company in a report on Wednesday, May 6th. Citigroup cut their price objective on shares of Whitbread from £330 to £310 and set a “buy” rating for the company in a research report on Friday. UBS Group restated a “buy” rating and set a GBX 2,975 target price on shares of Whitbread in a research report on Friday, June 12th. Finally, Shore Capital Group reiterated a “buy” rating and issued a GBX 3,700 price target on shares of Whitbread in a report on Thursday. Five investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of GBX 6,523.12.
View Our Latest Analysis on WTB
Whitbread Price Performance
Whitbread (LON:WTB – Get Free Report) last released its quarterly earnings results on Thursday, April 30th. The company reported GBX 123.30 earnings per share for the quarter. Whitbread had a return on equity of 6.73% and a net margin of 7.29%.The company had revenue of GBX 292.02 billion during the quarter. On average, analysts forecast that Whitbread will post 227.1851852 EPS for the current fiscal year.
Insider Buying and Selling at Whitbread
In other Whitbread news, insider Shelley Roberts bought 1,290 shares of Whitbread stock in a transaction that occurred on Friday, May 8th. The shares were acquired at an average price of GBX 2,309 per share, for a total transaction of £29,786.10. Insiders own 0.42% of the company’s stock.
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.
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