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

Shares of Whitbread plc (LON:WTB) have been assigned a consensus rating of “Moderate Buy” from the seven analysts that are currently covering the company, MarketBeat reports. Three equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average 12 month price target among analysts that have updated their coverage on the stock in the last year is GBX 2,968.33.

A number of research firms recently issued reports on WTB. Berenberg Bank reduced their price objective on Whitbread from GBX 2,900 to GBX 2,280 and set a “hold” rating for the company in a research report on Monday, June 1st. Deutsche Bank Aktiengesellschaft reduced their price objective on Whitbread from GBX 2,815 to GBX 2,530 and set a “hold” rating for the company in a research report on Wednesday, May 6th. Finally, JPMorgan Chase & Co. cut their target price on Whitbread from GBX 2,550 to GBX 2,500 and set a “neutral” rating on the stock in a report on Monday, March 30th.

Insiders Place Their Bets

In related news, insider Shelley Roberts bought 1,290 shares of the business’s stock in a transaction on Friday, May 8th. The shares were bought at an average cost of GBX 2,309 per share, for a total transaction of £29,786.10. 0.42% of the stock is currently owned by company insiders.

Whitbread Price Performance

WTB opened at GBX 2,392.29 on Friday. The stock has a market cap of £4.00 billion, a price-to-earnings ratio of 19.54, a PEG ratio of -3.09 and a beta of 0.65. Whitbread has a 1 year low of GBX 2,098 and a 1 year high of GBX 3,302. The company has a current ratio of 0.44, a quick ratio of 1.74 and a debt-to-equity ratio of 174.28. The stock has a fifty day moving average price of GBX 2,386.14 and a 200 day moving average price of GBX 2,501.82.

Whitbread (LON:WTB) last released its quarterly earnings data on Thursday, April 30th. The company reported GBX 123.30 earnings per share (EPS) for the quarter. The firm had revenue of GBX 292.02 billion during the quarter. Whitbread had a return on equity of 6.73% and a net margin of 7.29%. Analysts forecast that Whitbread will post 227.1851852 EPS for the current fiscal year.

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.