Whitbread plc (LON:WTB) Stock Has Consensus Price Target of GBX 2,904.38

Shares of Whitbread plc (LON:WTB) have received a consensus recommendation of “Moderate Buy” from the eight brokerages that are presently covering the company, MarketBeat reports. Four analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 12 month price target among brokerages that have covered the stock in the last year is GBX 2,938.12.

Several equities analysts have commented on WTB shares. Citigroup lifted their target price on shares of Whitbread from GBX 3,100 to GBX 3,300 and gave the stock a “buy” rating in a research report on Friday, August 21st. Berenberg Bank raised their price target on Whitbread from GBX 2,280 to GBX 2,400 and gave the stock a “hold” rating in a report on Wednesday. Finally, Jefferies Financial Group upped their target price on shares of Whitbread from GBX 2,280 to GBX 2,400 and gave the stock a “hold” rating in a report on Wednesday.

Insider Buying and Selling at Whitbread

In related news, insider Shelley Roberts acquired 485 shares of the firm’s stock in a transaction on Tuesday, August 11th. The stock was acquired at an average cost of GBX 2,456 per share, for a total transaction of £11,911.60. Corporate insiders own 0.42% of the company’s stock.

Whitbread Price Performance

WTB stock opened at GBX 2,577 on Friday. Whitbread has a 1 year low of GBX 2,098 and a 1 year high of GBX 3,175. The company has a 50 day simple moving average of GBX 2,434.26 and a 200 day simple moving average of GBX 2,417.94. The company has a debt-to-equity ratio of 179.41, a current ratio of 0.33 and a quick ratio of 1.74. The stock has a market cap of £4.31 billion, a price-to-earnings ratio of 21.05, a P/E/G ratio of -3.09 and a beta of 0.65.

Whitbread (LON:WTB) last posted its quarterly earnings data on Tuesday, October 13th. The company reported GBX 125.10 EPS for the quarter. Whitbread had a net margin of 1.96% and a return on equity of 1.85%. Research analysts anticipate that Whitbread will post 227.19 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.