Shares of Whitbread plc (LON:WTB – Get Rating) have earned a consensus rating of “Buy” from the nine ratings firms that are presently covering the company, MarketBeat reports. Nine investment analysts have rated the stock with a buy rating. The average 1 year price objective among brokerages that have updated their coverage on the stock in the last year is GBX 3,687.14 ($46.53).
WTB has been the subject of several analyst reports. Peel Hunt restated a “buy” rating and set a GBX 4,000 ($50.47) price target on shares of Whitbread in a research report on Friday, April 21st. Numis Securities reaffirmed a “buy” rating and set a GBX 3,510 ($44.29) price objective on shares of Whitbread in a research note on Wednesday, February 1st. Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 3,500 ($44.16) price objective on shares of Whitbread in a research note on Tuesday, February 14th. Finally, JPMorgan Chase & Co. reissued an “overweight” rating and issued a GBX 4,200 ($53.00) price target on shares of Whitbread in a research note on Monday, January 16th.
Whitbread Stock Down 1.1 %
Shares of LON:WTB opened at GBX 3,210 ($40.50) on Friday. The firm has a fifty day moving average of GBX 3,051.73 and a 200 day moving average of GBX 2,882.24. The company has a debt-to-equity ratio of 120.44, a quick ratio of 1.74 and a current ratio of 1.58. Whitbread has a 52-week low of GBX 2,245.51 ($28.33) and a 52-week high of GBX 3,649.99 ($46.06). The firm has a market capitalization of £6.47 billion, a PE ratio of 2,326.09, a price-to-earnings-growth ratio of -3.09 and a beta of 1.09.
Whitbread Increases Dividend
In other news, insider Dame Karen Jones acquired 275 shares of the firm’s stock in a transaction dated Monday, February 27th. The shares were purchased at an average cost of GBX 3,140 ($39.62) per share, for a total transaction of £8,635 ($10,895.90). In related news, insider Dame Karen Jones purchased 275 shares of Whitbread stock in a transaction on Monday, February 27th. The shares were bought at an average cost of GBX 3,140 ($39.62) per share, for a total transaction of £8,635 ($10,895.90). Also, insider Cilla Snowball purchased 2,258 shares of Whitbread stock in a transaction on Wednesday, February 15th. The stock was bought at an average price of GBX 3,078 ($38.84) per share, for a total transaction of £69,501.24 ($87,698.73). Insiders own 3.14% of the company’s stock.
Whitbread Company Profile
Whitbread plc operates hotels and restaurants in the United Kingdom, Germany, and internationally. It operates approximately 841 hotels with 82,286 rooms in the United Kingdom; 10 hotels in the Middle East; and 35 hotels with 5,875 rooms in Germany under the Premier Inn, ZIP by Premier Inn, and hub by Premier Inn brands.
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