Berenberg Bank restated their hold rating on shares of Whitbread (LON:WTB – Free Report) in a research report sent to investors on Thursday morning,London Stock Exchange reports. They currently have a GBX 2,250 price objective on the stock.
Several other equities analysts also recently commented on WTB. Citigroup upped their price target on shares of Whitbread from GBX 3,100 to GBX 3,300 and gave the company a “buy” rating in a report on Friday, August 21st. Jefferies Financial Group boosted their target price on Whitbread from GBX 2,280 to GBX 2,400 and gave the company a “hold” rating in a research report on Wednesday, October 21st. Four analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of GBX 2,925.62.
Check Out Our Latest Research Report on WTB
Whitbread Trading Down 0.1%
Shares of LON WTB opened at GBX 2,743 on Thursday. Whitbread has a 52-week low of GBX 2,098 and a 52-week high of GBX 2,964. The company has a debt-to-equity ratio of 179.41, a quick ratio of 1.74 and a current ratio of 0.33. The company has a market cap of £4.58 billion, a PE ratio of 22.41, a P/E/G ratio of -3.09 and a beta of 0.65. The firm’s 50 day moving average price is GBX 2,461.80 and its 200-day moving average price is GBX 2,471.03.
Whitbread (LON:WTB – Get Free Report) last released its quarterly earnings data on Tuesday, October 13th. The company reported GBX 125.10 EPS for the quarter. Whitbread had a net margin of 1.96% and a return on equity of 1.85%. On average, equities research analysts expect that Whitbread will post 227.19 EPS for the current fiscal year.
Insider Buying and Selling
In other news, insider Shelley Roberts purchased 485 shares of the company’s stock in a transaction on Tuesday, August 11th. The shares were acquired at an average price of GBX 2,456 per share, for a total transaction of £11,911.60. Corporate insiders own 0.42% of the company’s stock.
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.
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