Whitbread plc (LON:WTB – Get Free Report) has been assigned a consensus recommendation of “Moderate Buy” from the eight ratings firms that are presently covering the stock, Marketbeat reports. Three research analysts have rated the stock with a hold rating and five have given a buy rating to the company. The average 1 year price objective among brokers that have covered the stock in the last year is GBX 6,523.12.
A number of brokerages have issued reports on WTB. UBS Group reaffirmed a “buy” rating and set a GBX 2,975 price target on shares of Whitbread in a research note on Friday, June 12th. Citigroup dropped their price objective on Whitbread from £330 to £310 and set a “buy” rating on the stock in a research note on Friday, June 19th. Berenberg Bank restated a “hold” rating and issued a GBX 2,280 price objective on shares of Whitbread in a report on Monday, June 22nd. JPMorgan Chase & Co. decreased their target price on Whitbread from GBX 2,550 to GBX 2,500 and set a “neutral” rating for the company in a research note on Monday, March 30th. Finally, Shore Capital Group reaffirmed a “buy” rating and set a GBX 3,700 target price on shares of Whitbread in a report on Thursday, June 18th.
View Our Latest Research Report on Whitbread
Whitbread Trading Up 0.3%
Whitbread (LON:WTB – Get Free Report) last posted its quarterly earnings data on Thursday, April 30th. The company reported GBX 123.30 EPS for the quarter. Whitbread had a net margin of 7.29% and a return on equity of 6.73%. The business had revenue of GBX 292.02 billion for the quarter. As a group, analysts anticipate that Whitbread will post 227.1851852 earnings per share for the current fiscal year.
Insider Transactions at Whitbread
In other Whitbread news, insider Dominic Paul acquired 717 shares of Whitbread stock in a transaction dated Friday, July 3rd. The stock was bought at an average price of GBX 2,410 per share, for a total transaction of £17,279.70. Also, insider Shelley Roberts acquired 1,290 shares of Whitbread stock in a transaction dated Friday, May 8th. The shares were acquired at an average price of GBX 2,309 per share, with a total value of £29,786.10. 0.42% of the stock is currently owned by corporate 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.
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