Jefferies Financial Group Initiates Coverage on Whitbread (LON:WTB)

Jefferies Financial Group started coverage on shares of Whitbread (LON:WTB) in a research note released on Wednesday morning, ThisIsMoney.Co.Uk reports. The firm issued a hold rating and a GBX 4,500 ($58.80) price objective on the stock.

A number of other analysts have also issued reports on WTB. Liberum Capital restated a hold rating on shares of Whitbread in a research note on Wednesday, June 19th. UBS Group restated a neutral rating and issued a GBX 4,750 ($62.07) price target (down previously from GBX 5,000 ($65.33)) on shares of Whitbread in a research note on Thursday, June 20th. Goldman Sachs Group restated a neutral rating on shares of Whitbread in a research note on Tuesday, June 25th. Kepler Capital Markets lowered shares of Whitbread to a reduce rating in a research note on Monday, September 9th. Finally, Barclays restated an overweight rating and issued a GBX 4,700 ($61.41) price target on shares of Whitbread in a research note on Thursday, August 15th. Two investment analysts have rated the stock with a sell rating, ten have given a hold rating and four have issued a buy rating to the company. Whitbread currently has a consensus rating of Hold and a consensus target price of GBX 4,914.29 ($64.21).

Shares of LON:WTB opened at GBX 4,490 ($58.67) on Wednesday. The company has a current ratio of 5.90, a quick ratio of 5.77 and a debt-to-equity ratio of 13.31. The company has a fifty day simple moving average of GBX 4,343.62 and a 200 day simple moving average of GBX 4,657.21. The firm has a market cap of $6.00 billion and a PE ratio of 2.21. Whitbread has a 12-month low of GBX 4,055 ($52.99) and a 12-month high of GBX 5,162 ($67.45).

In other Whitbread news, insider Nicholas Cadbury sold 7,800 shares of the business’s stock in a transaction on Thursday, July 25th. The shares were sold at an average price of GBX 4,501 ($58.81), for a total transaction of £351,078 ($458,745.59).

Whitbread Company Profile

Whitbread PLC operates hotels, restaurants, and coffee shops. The company operates through two segments, Premier Inn and Costa. It operates approximately 785 hotels with 72,466 rooms in the United Kingdom, as well as hotels under the Premier Inn brand name; hotels under the hub by Premier Inn brand name in the United Kingdom; and restaurants under the Brewers Fayre, Beefeater Grill, Bar+Block, and Table Table brands.

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Analyst Recommendations for Whitbread (LON:WTB)

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