Whitbread plc (LON:WTB) Given Average Recommendation of “Moderate Buy” by Brokerages

Shares of Whitbread plc (LON:WTB) have received a consensus rating of “Moderate Buy” from the eight brokerages that are currently covering the stock, Marketbeat reports. Three analysts have rated the stock with a hold rating and five have issued a buy rating on the company. The average 12 month price target among brokerages that have issued a report on the stock in the last year is GBX 6,523.12.

WTB has been the topic of a number of analyst reports. Berenberg Bank reiterated a “hold” rating and set a GBX 2,280 price objective on shares of Whitbread in a research report on Monday, June 22nd. Shore Capital Group restated a “buy” rating and issued a GBX 3,700 target price on shares of Whitbread in a report on Thursday, June 18th. UBS Group reaffirmed a “buy” rating and issued a GBX 2,975 target price on shares of Whitbread in a research note on Friday, June 12th. JPMorgan Chase & Co. reduced their price target 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. Finally, Deutsche Bank Aktiengesellschaft lowered their price target on shares of Whitbread from GBX 2,815 to GBX 2,530 and set a “hold” rating on the stock in a research report on Wednesday, May 6th.

Insider Transactions at Whitbread

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

Whitbread Stock Performance

WTB opened at GBX 2,350 on Wednesday. Whitbread has a twelve month low of GBX 2,098 and a twelve month high of GBX 3,302. The firm has a market capitalization of £3.93 billion, a PE ratio of 19.20, a PEG 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 firm’s 50-day moving average price is GBX 2,376.21 and its 200 day moving average price is GBX 2,493.16.

Whitbread (LON:WTB) last released its earnings results on Thursday, April 30th. The company reported GBX 123.30 earnings per share for the quarter. The business had revenue of GBX 292.02 billion for the quarter. Whitbread had a net margin of 7.29% and a return on equity of 6.73%. As a group, sell-side analysts expect 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.