Whitbread (LON:WTB – Free Report) had its price objective upped by Jefferies Financial Group from GBX 2,280 to GBX 2,400 in a research note issued to investors on Wednesday,Digital Look reports. Jefferies Financial Group currently has a hold rating on the stock.
WTB has been the subject of several other research reports. Citigroup raised their price objective on shares of Whitbread from GBX 3,100 to GBX 3,300 and gave the stock a “buy” rating in a research report on Friday, August 21st. Berenberg Bank boosted their target price on shares of Whitbread from GBX 2,280 to GBX 2,400 and gave the company a “hold” rating in a research report on Wednesday. Four research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of GBX 2,938.12.
Check Out Our Latest Stock Report on WTB
Whitbread Trading Up 0.3%
Shares of WTB stock opened at GBX 2,590 on Wednesday. The company has a market cap of £4.33 billion, a P/E ratio of 21.16, a PEG ratio of -3.09 and a beta of 0.65. The stock has a 50 day simple moving average of GBX 2,436.46 and a two-hundred day simple moving average of GBX 2,419.15. 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 has a fifty-two week low of GBX 2,098 and a fifty-two week high of GBX 3,175.
Whitbread (LON:WTB – Get Free Report) last issued its quarterly earnings results on Tuesday, October 13th. The company reported GBX 125.10 earnings per share (EPS) for the quarter. Whitbread had a return on equity of 1.85% and a net margin of 1.96%. Research analysts forecast that Whitbread will post 227.19 earnings per share for the current year.
Insider Buying and Selling at Whitbread
In related news, insider Shelley Roberts acquired 485 shares of the business’s stock in a transaction dated Tuesday, August 11th. The shares were bought at an average price of GBX 2,456 per share, with a total value of £11,911.60. Corporate insiders own 0.42% of the company’s stock.
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.
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