Deutsche Bank Aktiengesellschaft Reaffirms “Hold” Rating for Whitbread (LON:WTB)

Whitbread (LON:WTB)‘s stock had its “hold” rating reiterated by stock analysts at Deutsche Bank Aktiengesellschaft in a research report issued on Friday, MarketBeat.com reports. They currently have a GBX 2,815 price target on the stock. Deutsche Bank Aktiengesellschaft’s price target would indicate a potential upside of 14.08% from the stock’s previous close.

WTB has been the subject of a number of other reports. Citigroup raised their target price 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. reduced their target price on shares of Whitbread from GBX 2,550 to GBX 2,500 and set a “neutral” rating for the company in a report on Monday, March 30th. Finally, Berenberg Bank cut shares of Whitbread to a “hold” rating and set a GBX 2,900 target price for the company. in a report on Monday, January 19th. Four analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Whitbread currently has an average rating of “Moderate Buy” and an average price target of GBX 3,119.17.

Whitbread Trading Up 0.1%

LON WTB opened at GBX 2,467.64 on Friday. The company has a market cap of £4.12 billion, a price-to-earnings ratio of 17.24, a P/E/G ratio of -3.09 and a beta of 0.66. Whitbread has a 52 week low of GBX 2,218 and a 52 week high of GBX 3,302. The company has a quick ratio of 1.74, a current ratio of 0.66 and a debt-to-equity ratio of 178.99. The business has a 50 day moving average price of GBX 2,513.28 and a 200-day moving average price of GBX 2,695.39.

Insider Activity at Whitbread

In other news, insider Kal Atwal purchased 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, for a total transaction of £12,644.94. Also, insider Christine Mary Hodgson purchased 7,750 shares of Whitbread stock in a transaction that occurred on Monday, February 16th. The stock was purchased at an average price of GBX 2,706 per share, with a total value of £209,715. 0.40% of the stock is currently owned by corporate 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.