Morgan Stanley Reiterates Overweight Rating for Whitbread (LON:WTB)

Whitbread (LON:WTBGet Rating)‘s stock had its “overweight” rating reiterated by Morgan Stanley in a research report issued on Wednesday, LSE.Co.UK reports.

WTB has been the subject of a number of other reports. Citigroup restated a “buy” rating and issued a GBX 3,770 ($46.48) price objective on shares of Whitbread in a research note on Monday, January 17th. JPMorgan Chase & Co. reissued an “overweight” rating on shares of Whitbread in a research report on Tuesday, March 8th. Shore Capital reaffirmed a “buy” rating on shares of Whitbread in a research report on Thursday, April 28th. Barclays reiterated an “overweight” rating and issued a GBX 4,000 ($49.32) price objective on shares of Whitbread in a research note on Thursday, May 5th. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Whitbread in a research note on Tuesday, February 8th. One research analyst has rated the stock with a hold rating and nine have given a buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Buy” and a consensus price target of GBX 3,746.25 ($46.19).

WTB opened at GBX 2,592 ($31.96) on Wednesday. The firm has a market cap of £5.24 billion and a P/E ratio of 124.55. The company has a debt-to-equity ratio of 113.95, a quick ratio of 1.70 and a current ratio of 1.85. The business has a 50 day moving average price of GBX 2,779.05 and a 200 day moving average price of GBX 2,958.45. Whitbread has a twelve month low of GBX 2,384 ($29.39) and a twelve month high of GBX 3,465.38 ($42.72).

In related news, insider Nicholas Cadbury sold 2,924 shares of the stock in a transaction dated Friday, March 4th. The shares were sold at an average price of GBX 2,575 ($31.75), for a total value of £75,293 ($92,828.26).

Whitbread Company Profile (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

Analyst Recommendations for Whitbread (LON:WTB)

Receive News & Ratings for Whitbread Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Whitbread and related companies with MarketBeat.com's FREE daily email newsletter.