Whitbread plc (LON:WTB) Receives Average Rating of “Buy” from Brokerages

Shares of Whitbread plc (LON:WTB) have been assigned an average recommendation of “Buy” from the seven brokerages that are covering the company, MarketBeat.com reports. Seven equities research analysts have rated the stock with a buy recommendation. The average 1 year target price among analysts that have issued a report on the stock in the last year is GBX 4,192.50 ($51.78).

Separately, Shore Capital restated a “buy” rating on shares of Whitbread in a report on Tuesday, March 5th.

Insiders Place Their Bets

In other news, insider Shelley Roberts acquired 417 shares of Whitbread stock in a transaction on Thursday, February 1st. The stock was acquired at an average cost of GBX 3,575 ($44.16) per share, with a total value of £14,907.75 ($18,413.72). 3.97% of the stock is currently owned by insiders.

Whitbread Trading Up 0.5 %

WTB opened at GBX 3,043 ($37.59) on Friday. The company has a debt-to-equity ratio of 125.83, a current ratio of 1.42 and a quick ratio of 1.74. Whitbread has a fifty-two week low of GBX 2,996 ($37.01) and a fifty-two week high of GBX 3,714 ($45.87). The firm has a market capitalization of £5.61 billion, a PE ratio of 1,800.59, a P/E/G ratio of -3.09 and a beta of 1.08. The company’s 50-day moving average is GBX 3,266.67 and its 200 day moving average is GBX 3,372.95.

Whitbread Company Profile

Whitbread plc operates hotels and restaurants in the United Kingdom, Germany, and internationally. It operates hotels with rooms in the United Kingdom; Middle East; and Germany under the Premier Inn, ZIP by Premier Inn, and hub by Premier Inn brands. The company operates restaurants under the Brewers Fayre, Beefeater, Cookhouse & Pub, Bar+Block Steakhouse, Thyme, and Table Table brands in the United Kingdom.