Whitbread’s (WTB) Buy Rating Reaffirmed at Shore Capital

Whitbread (LON:WTB – Get Rating)‘s stock had its “buy” rating reissued by stock analysts at Shore Capital in a research report issued on Thursday, LSE.Co.UK reports.

A number of other research analysts have also recently commented on the company. Citigroup reiterated a “buy” rating and issued a GBX 3,770 ($48.05) price objective on shares of Whitbread in a report on Monday, January 17th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Whitbread in a report on Tuesday, February 8th. JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Whitbread in a report on Tuesday, March 8th. Morgan Stanley reiterated an “overweight” rating and issued a GBX 3,800 ($48.43) price objective on shares of Whitbread in a report on Tuesday. Finally, Barclays reissued an “overweight” rating and issued a GBX 4,000 ($50.98) target price on shares of Whitbread in a research report on Thursday, April 21st. One investment analyst has rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average price target of GBX 3,746.25 ($47.75).

Shares of Whitbread stock opened at GBX 2,849.64 ($36.32) on Thursday. Whitbread has a 1-year low of GBX 2,384 ($30.38) and a 1-year high of GBX 3,465.38 ($44.17). The stock has a market cap of £5.76 billion and a P/E ratio of -20.24. The stock’s 50 day simple moving average is GBX 2,811.30 and its 200-day simple moving average is GBX 2,990.85. The company has a debt-to-equity ratio of 113.98, a current ratio of 1.80 and a quick ratio of 1.75.

In other news, insider Nicholas Cadbury sold 2,924 shares of the company’s stock in a transaction on Friday, March 4th. The stock was sold at an average price of GBX 2,575 ($32.82), for a total transaction of £75,293 ($95,963.55).

About Whitbread (Get Rating)

Whitbread plc operates hotels and restaurants in the United Kingdom, Germany, and internationally. It operates approximately 857 hotels with 78,718 rooms in the United Kingdom; and 4,880 rooms in Germany under the Premier Inn, ZIP by Premier Inn, and hub by Premier Inn brands; and 768 restaurants under the Brewers Fayre, Beefeater, Whitbread Inns, Cookhouse & Pub, Bar+Block Steakhouse, Thyme, and Table Table brands.

Featured Articles