Whitbread plc (LON:WTB) Receives Average Recommendation of “Moderate Buy” from Brokerages

Whitbread plc (LON:WTB) has been given an average rating of “Moderate Buy” by the eight ratings firms that are currently covering the company, MarketBeat Ratings reports. Three analysts have rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 12-month price objective among analysts that have covered the stock in the last year is GBX 6,523.12.

Several equities research analysts have recently weighed in on the company. Deutsche Bank Aktiengesellschaft decreased their target price 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. Shore Capital Group reiterated a “buy” rating and set a GBX 3,700 target price on shares of Whitbread in a report on Thursday, June 18th. Berenberg Bank reissued a “hold” rating and set a GBX 2,280 price target on shares of Whitbread in a research report on Monday, June 22nd. Citigroup decreased their price target on Whitbread from £330 to £310 and set a “buy” rating for the company in a report on Friday, June 19th. Finally, UBS Group restated a “buy” rating and issued a GBX 2,975 price target on shares of Whitbread in a report on Friday, June 12th.

Whitbread Stock Down 0.7%

Shares of LON WTB opened at GBX 2,510 on Friday. Whitbread has a 12-month low of GBX 2,098 and a 12-month high of GBX 3,302. The company has a market cap of £4.20 billion, a P/E ratio of 20.51, a P/E/G ratio of -3.09 and a beta of 0.65. 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 2,397.20 and a 200 day moving average price of GBX 2,474.88.

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

Insiders Place Their Bets

In other news, insider Shelley Roberts bought 1,290 shares of Whitbread stock in a transaction dated Friday, May 8th. The shares were acquired at an average cost of GBX 2,309 per share, with a total value of £29,786.10. Also, insider Dominic Paul bought 717 shares of the firm’s stock in a transaction dated Friday, July 3rd. The stock was purchased at an average price of GBX 2,410 per share, with a total value of £17,279.70. Insiders own 0.42% of the company’s stock.

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.