Shore Capital Reaffirms Buy Rating for Whitbread (LON:WTB)

Whitbread (LON:WTB)‘s stock had its “buy” rating restated by Shore Capital in a research note issued on Thursday, Marketbeat reports.

WTB has been the topic of several other reports. Berenberg Bank lowered their price target on shares of Whitbread from GBX 3,900 to GBX 3,500 and set a “buy” rating on the stock in a report on Wednesday, July 9th. Citigroup upped their price objective on shares of Whitbread from GBX 3,600 to GBX 3,800 and gave the stock a “buy” rating in a report on Thursday, August 21st. Four equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of GBX 3,425.

Whitbread Trading Up 0.3%

Whitbread stock opened at GBX 2,902 on Thursday. The company’s fifty day simple moving average is GBX 3,146.85 and its 200-day simple moving average is GBX 2,927.45. The company has a quick ratio of 1.74, a current ratio of 0.96 and a debt-to-equity ratio of 33.18. Whitbread has a 12 month low of GBX 2,253 and a 12 month high of GBX 3,352. The stock has a market cap of £5.00 billion, a P/E ratio of 2,064.01, a P/E/G ratio of -3.09 and a beta of 1.11.

Whitbread (LON:WTB) last posted its quarterly earnings results on Thursday, October 16th. The company reported GBX 133.70 EPS for the quarter. Whitbread had a net margin of 8.08% and a return on equity of 6.83%. As a group, sell-side analysts forecast that Whitbread will post 227.1851852 EPS for the current fiscal year.

About Whitbread

Whitbread is the owner of Premier Inn, the UK’s biggest
hotel brand, with 86,000 rooms in over 850 hotels
and a growing presence in Germany with 10,500 rooms in
59 hotels, offering quality accommodation at affordable
prices in great locations.

People are at the heart of our business. We employ over
38,000 team members in over 900 Premier Inn hotels
across the UK and Germany.