Whitbread plc (LON:WTB – Get Rating) has been assigned a consensus recommendation of “Buy” from the nine ratings firms that are presently covering the company, MarketBeat reports. Nine investment analysts have rated the stock with a buy rating. The average twelve-month price target among brokers that have issued a report on the stock in the last year is GBX 3,635 ($43.77).
A number of equities research analysts recently weighed in on WTB shares. Numis Securities restated a “buy” rating and issued a GBX 3,510 ($42.27) target price on shares of Whitbread in a report on Wednesday, February 1st. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a GBX 3,100 ($37.33) target price on shares of Whitbread in a report on Tuesday, November 1st. JPMorgan Chase & Co. restated an “overweight” rating and issued a GBX 4,200 ($50.58) target price on shares of Whitbread in a report on Monday, January 16th. Shore Capital reiterated a “buy” rating on shares of Whitbread in a research note on Thursday, December 15th. Finally, Jefferies Financial Group reiterated a “buy” rating and issued a GBX 3,500 ($42.15) price objective on shares of Whitbread in a research note on Tuesday, February 14th.
Whitbread Trading Up 0.7 %
WTB opened at GBX 3,137 ($37.78) on Monday. The company has a debt-to-equity ratio of 112.71, a current ratio of 1.77 and a quick ratio of 1.74. Whitbread has a fifty-two week low of GBX 2,245.51 ($27.04) and a fifty-two week high of GBX 3,649.99 ($43.95). The firm has a market capitalization of £6.34 billion, a PE ratio of 2,048.37, a P/E/G ratio of -3.09 and a beta of 1.11. The company’s 50-day moving average is GBX 2,927.66 and its 200 day moving average is GBX 2,686.77.
Insider Activity
In related news, insider Fumbi Chima bought 957 shares of Whitbread stock in a transaction dated Wednesday, February 8th. The stock was purchased at an average cost of GBX 3,108 ($37.43) per share, with a total value of £29,743.56 ($35,818.35). In other Whitbread news, insider Cilla Snowball acquired 2,258 shares of the business’s stock in a transaction that occurred on Wednesday, February 15th. The stock was bought at an average cost of GBX 3,078 ($37.07) per share, with a total value of £69,501.24 ($83,696.10). Also, insider Fumbi Chima acquired 957 shares of the business’s stock in a transaction that occurred on Wednesday, February 8th. The stock was acquired at an average cost of GBX 3,108 ($37.43) per share, with a total value of £29,743.56 ($35,818.35). Insiders own 3.11% of the company’s stock.
Whitbread Company Profile
Whitbread plc operates hotels and restaurants in the United Kingdom, Germany, and internationally. It operates approximately 841 hotels with 82,286 rooms in the United Kingdom; 10 hotels in the Middle East; and 35 hotels with 5,875 rooms in Germany under the Premier Inn, ZIP by Premier Inn, and hub by Premier Inn brands.