Whitbread plc (LON:WTB) Receives Average Recommendation of “Moderate Buy” from Analysts

Shares of Whitbread plc (LON:WTB) have been given an average recommendation of “Moderate Buy” by the seven brokerages that are covering the firm, Marketbeat Ratings reports. Three equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average twelve-month price target among brokerages that have updated their coverage on the stock in the last year is GBX 3,127.50.

WTB has been the topic of a number of recent analyst reports. Citigroup raised their price target on shares of Whitbread from GBX 3,100 to GBX 3,300 and gave the stock a “buy” rating in a report on Thursday, January 15th. JPMorgan Chase & Co. raised their target price on Whitbread from GBX 2,450 to GBX 2,550 and gave the stock a “neutral” rating in a research note on Thursday, January 29th. Berenberg Bank lowered Whitbread to a “hold” rating and set a GBX 2,900 price target for the company. in a research report on Monday, January 19th. Panmure Gordon reiterated a “buy” rating and issued a GBX 3,700 price objective on shares of Whitbread in a report on Tuesday, November 25th. Finally, Deutsche Bank Aktiengesellschaft cut Whitbread to a “hold” rating and reduced their target price for the company from GBX 3,375 to GBX 2,815 in a research note on Wednesday, December 3rd.

Whitbread Stock Down 0.5%

Shares of LON WTB opened at GBX 2,689 on Friday. 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 52 week low of GBX 2,253 and a 52 week high of GBX 3,302. The firm’s fifty day moving average is GBX 2,589.85 and its 200 day moving average is GBX 2,892.65. The company has a market cap of £4.51 billion, a price-to-earnings ratio of 18.79, a PEG ratio of -3.09 and a beta of 1.11.

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.