Whitbread (LON:WTB) Downgraded by Deutsche Bank Aktiengesellschaft to Hold

Deutsche Bank Aktiengesellschaft lowered shares of Whitbread (LON:WTB) to a hold rating in a report issued on Wednesday morning, Marketbeat Ratings reports. The brokerage currently has GBX 2,815 price target on the stock, down from their previous price target of GBX 3,375.

Several other analysts also recently issued reports on WTB. Shore Capital restated a “buy” rating on shares of Whitbread in a research report on Thursday, October 16th. Citigroup boosted their target price on shares of Whitbread from GBX 3,600 to GBX 3,800 and gave the company a “buy” rating in a research note on Thursday, August 21st. Panmure Gordon restated a “buy” rating and issued a GBX 3,700 target price on shares of Whitbread in a report on Tuesday, November 25th. JPMorgan Chase & Co. decreased their price target on shares of Whitbread from GBX 2,900 to GBX 2,450 and set a “neutral” rating on the stock in a research note on Tuesday. Finally, Peel Hunt reiterated a “buy” rating and set a GBX 3,500 price target on shares of Whitbread in a report on Thursday, October 16th. Five equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of GBX 3,294.17.

Whitbread Stock Down 1.4%

WTB stock opened at GBX 2,370 on Wednesday. The company has a debt-to-equity ratio of 33.18, a current ratio of 0.96 and a quick ratio of 1.74. The company’s 50 day simple moving average is GBX 2,961.09 and its 200-day simple moving average is GBX 2,989.55. Whitbread has a 12 month low of GBX 2,253 and a 12 month high of GBX 3,302. The firm has a market capitalization of £4.05 billion, a PE ratio of 16.56, a P/E/G ratio of -3.09 and a beta of 1.11.

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

Insider Transactions at Whitbread

In other Whitbread news, insider Christine Mary Hodgson purchased 10,000 shares of the stock in a transaction on Friday, October 17th. The stock was bought at an average price of GBX 2,880 per share, for a total transaction of £288,000. Also, insider Richard Gillingwater acquired 500 shares of the company’s stock in a transaction dated Tuesday, October 21st. The shares were bought at an average cost of GBX 2,974 per share, with a total value of £14,870. 0.38% of the stock is currently owned by company insiders.

Whitbread Company Profile

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.