Whitbread plc (LON:WTB) Receives GBX 5,114.29 Average PT from Brokerages

Shares of Whitbread plc (LON:WTB) have received a consensus rating of “Hold” from the sixteen analysts that are presently covering the stock, Marketbeat reports. One research analyst has rated the stock with a sell recommendation, eleven have given a hold recommendation and four have issued a buy recommendation on the company. The average 1-year price target among analysts that have issued ratings on the stock in the last year is GBX 5,000 ($65.33).

Several research firms have weighed in on WTB. Numis Securities reissued a “hold” rating on shares of Whitbread in a research note on Thursday, June 13th. Royal Bank of Canada downgraded shares of Whitbread to an “underperform” rating in a research note on Thursday, July 18th. Liberum Capital reissued a “hold” rating on shares of Whitbread in a research note on Wednesday, June 19th. Deutsche Bank lowered their price target on shares of Whitbread from GBX 5,250 ($68.60) to GBX 4,500 ($58.80) and set a “hold” rating for the company in a research note on Monday. Finally, Barclays reissued an “overweight” rating and issued a GBX 4,700 ($61.41) price target on shares of Whitbread in a research note on Thursday.

Whitbread stock traded down GBX 83 ($1.08) during mid-day trading on Friday, hitting GBX 4,086 ($53.39). The company’s stock had a trading volume of 359,152 shares, compared to its average volume of 564,229. The company has a current ratio of 5.90, a quick ratio of 5.77 and a debt-to-equity ratio of 13.31. The stock has a market cap of $5.46 billion and a PE ratio of 2.01. The business has a 50 day moving average of GBX 4,591.90. Whitbread has a 12 month low of GBX 3,914 ($51.14) and a 12 month high of GBX 5,162 ($67.45).

In other Whitbread news, insider Nicholas Cadbury sold 12,665 shares of the company’s stock in a transaction dated Friday, June 28th. The shares were sold at an average price of GBX 4,620 ($60.37), for a total value of £585,123 ($764,566.84). Also, insider Louise Smalley sold 232 shares of the company’s stock in a transaction dated Tuesday, May 28th. The stock was sold at an average price of GBX 4,588 ($59.95), for a total transaction of £10,644.16 ($13,908.48). Insiders have sold 22,863 shares of company stock worth $104,689,270 in the last quarter.

Whitbread Company Profile

Whitbread PLC operates hotels, restaurants, and coffee shops. The company operates through two segments, Premier Inn and Costa. It operates approximately 785 hotels with 72,466 rooms in the United Kingdom, as well as hotels under the Premier Inn brand name; hotels under the hub by Premier Inn brand name in the United Kingdom; and restaurants under the Brewers Fayre, Beefeater Grill, Bar+Block, and Table Table brands.

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Analyst Recommendations for Whitbread (LON:WTB)

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