Whitbread plc (LON:WTB) Given Consensus Recommendation of “Moderate Buy” by Analysts

Whitbread plc (LON:WTB) has earned an average rating of “Moderate Buy” from the seven analysts that are currently covering the stock, MarketBeat Ratings reports. Three equities research analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 1-year price target among brokers that have issued ratings on the stock in the last year is GBX 3,127.50.

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

Insider Activity at Whitbread

In other news, insider Christine Mary Hodgson purchased 7,750 shares of the stock in a transaction that occurred on Monday, February 16th. The stock was purchased at an average price of GBX 2,706 per share, for a total transaction of £209,715. Also, insider Kal Atwal acquired 462 shares of the company’s stock in a transaction that occurred on Wednesday, February 18th. The stock was purchased at an average cost of GBX 2,737 per share, for a total transaction of £12,644.94. Insiders own 0.40% of the company’s stock.

Whitbread Stock Performance

Whitbread stock opened at GBX 2,240 on Monday. The company has a quick ratio of 1.74, a current ratio of 0.66 and a debt-to-equity ratio of 178.99. Whitbread has a twelve month low of GBX 2,229 and a twelve month high of GBX 3,302. The company’s 50-day moving average price is GBX 2,589.59 and its 200-day moving average price is GBX 2,746.24. The company has a market cap of £3.74 billion, a PE ratio of 15.65, a price-to-earnings-growth ratio of -3.09 and a beta of 0.62.

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.