Whitbread (LON:WTB) Given “Buy” Rating at Deutsche Bank Aktiengesellschaft

Whitbread (LON:WTBGet Rating)‘s stock had its “buy” rating restated by equities research analysts at Deutsche Bank Aktiengesellschaft in a report released on Tuesday, MarketBeat Ratings reports. They presently have a GBX 3,800 ($46.84) target price on the stock. Deutsche Bank Aktiengesellschaft’s price objective points to a potential upside of 41.31% from the stock’s current price.

Several other brokerages also recently commented on WTB. Morgan Stanley reiterated an “overweight” rating on shares of Whitbread in a report on Wednesday, May 11th. Berenberg Bank upped their target price on Whitbread from GBX 3,600 ($44.38) to GBX 4,000 ($49.31) and gave the company a “buy” rating in a research note on Monday, January 17th. JPMorgan Chase & Co. reissued an “overweight” rating on shares of Whitbread in a research note on Tuesday, March 8th. Shore Capital reaffirmed a “buy” rating on shares of Whitbread in a research report on Thursday, April 28th. Finally, Barclays reiterated an “overweight” rating and set a GBX 4,000 ($49.31) target price on shares of Whitbread in a research report on Monday. One analyst has rated the stock with a hold rating and nine have assigned a buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Buy” and an average target price of GBX 3,746.25 ($46.18).

WTB stock opened at GBX 2,689.20 ($33.15) on Tuesday. Whitbread has a twelve month low of GBX 2,384 ($29.39) and a twelve month high of GBX 3,465.38 ($42.72). The stock has a market capitalization of £5.43 billion and a price-to-earnings ratio of 128.47. The company has a quick ratio of 1.70, a current ratio of 1.85 and a debt-to-equity ratio of 113.95. The firm’s fifty day simple moving average is GBX 2,781.22 and its two-hundred day simple moving average is GBX 2,943.44.

In other Whitbread news, insider Nicholas Cadbury sold 2,924 shares of the firm’s stock in a transaction that occurred on Friday, March 4th. The shares were sold at an average price of GBX 2,575 ($31.74), for a total value of £75,293 ($92,816.81). Also, insider Frank Fiskers purchased 1,750 shares of the business’s stock in a transaction on Friday, May 13th. The stock was purchased at an average cost of GBX 2,642 ($32.57) per share, for a total transaction of £46,235 ($56,995.81).

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.

Further Reading

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.