Whitbread (LON:WTB) Price Target Raised to GBX 2,730

Whitbread (LON:WTB) had its target price increased by Deutsche Bank Aktiengesellschaft from GBX 2,530 to GBX 2,730 in a research report sent to investors on Thursday,Digital Look reports. They currently have a hold rating on the stock.

A number of other brokerages have also issued reports on WTB. Berenberg Bank reiterated a “hold” rating and issued a GBX 2,250 target price on shares of Whitbread in a research report on Thursday. Citigroup raised their target price on shares of Whitbread from GBX 3,100 to GBX 3,300 and gave the company a “buy” rating in a research note on Friday, August 21st. Finally, Jefferies Financial Group restated a “hold” rating and set a GBX 2,250 price target on shares of Whitbread in a research report on Thursday. Four research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of GBX 2,925.62.

Whitbread Trading Down 0.1%

LON:WTB opened at GBX 2,743 on Thursday. Whitbread has a 1 year low of GBX 2,098 and a 1 year high of GBX 2,964. The stock has a market cap of £4.58 billion, a price-to-earnings ratio of 22.41, a PEG ratio of -3.09 and a beta of 0.65. The business has a fifty day moving average of GBX 2,461.80 and a 200-day moving average of GBX 2,471.03. The company has a debt-to-equity ratio of 179.41, a quick ratio of 1.74 and a current ratio of 0.33.

Whitbread (LON:WTB) last issued its quarterly earnings results on Tuesday, October 13th. The company reported GBX 125.10 EPS for the quarter. Whitbread had a return on equity of 1.85% and a net margin of 1.96%. Equities analysts predict that Whitbread will post 227.19 earnings per share for the current year.

Insider Activity at Whitbread

In other Whitbread news, insider Shelley Roberts bought 485 shares of Whitbread stock in a transaction dated Tuesday, August 11th. The stock was bought at an average price of GBX 2,456 per share, for a total transaction of £11,911.60. Company 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.