Whitbread (LON:WTB) Insider Kal Atwal Purchases 462 Shares

Whitbread plc (LON:WTB) insider Kal Atwal acquired 462 shares of Whitbread stock in a transaction that occurred on Wednesday, February 18th. The stock was acquired at an average price of GBX 2,737 per share, with a total value of £12,644.94.

Whitbread Trading Up 0.7%

LON:WTB opened at GBX 2,757 on Thursday. Whitbread plc has a 1 year low of GBX 2,253 and a 1 year high of GBX 3,302. The stock’s fifty day moving average price is GBX 2,641.80 and its two-hundred day moving average price is GBX 2,868. 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 has a market cap of £4.63 billion, a P/E ratio of 19.27, a P/E/G ratio of -3.09 and a beta of 1.11.

Analysts Set New Price Targets

Several research analysts have commented on WTB shares. Panmure Gordon restated a “buy” rating and issued a GBX 3,700 target price on shares of Whitbread in a research note on Tuesday, November 25th. Deutsche Bank Aktiengesellschaft lowered shares of Whitbread to a “hold” rating and cut their price objective for the company from GBX 3,375 to GBX 2,815 in a research report on Wednesday, December 3rd. Berenberg Bank cut shares of Whitbread to a “hold” rating and set a GBX 2,900 target price on the stock. in a research note on Monday, January 19th. Citigroup raised their price target on shares of Whitbread from GBX 3,100 to GBX 3,300 and gave the company a “buy” rating in a report on Thursday, January 15th. Finally, JPMorgan Chase & Co. upped their price target on shares of Whitbread from GBX 2,450 to GBX 2,550 and gave the stock a “neutral” rating in a report on Thursday, January 29th. Four equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of GBX 3,127.50.

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.