Deutsche Bank Aktiengesellschaft Issues Positive Forecast for Whitbread (LON:WTB) Stock Price

Whitbread (LON:WTB – Get Free Report) had its price target boosted by equities researchers at Deutsche Bank Aktiengesellschaft from GBX 2,530 to GBX 2,730 in a research report issued to clients and investors on Thursday, Digital Look reports. The firm presently has a “hold” rating on the stock. Deutsche Bank Aktiengesellschaft‘s price objective would suggest a potential downside of 1.12% from the company’s previous close.

A number of other research firms have also weighed in on WTB. Citigroup boosted their price target 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. Jefferies Financial Group reaffirmed a “hold” rating and set a GBX 2,250 price objective on shares of Whitbread in a research note on Thursday. Finally, Berenberg Bank reiterated a “hold” rating and issued a GBX 2,250 price objective on shares of Whitbread in a report on Thursday. Four investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat, Whitbread presently has a consensus rating of “Moderate Buy” and an average target price of GBX 2,925.62.

Read Our Latest Analysis on Whitbread

Whitbread Price Performance

WTB stock traded up GBX 24 during midday trading on Thursday, reaching GBX 2,761. The stock had a trading volume of 3,603,617 shares, compared to its average volume of 11,826,803. Whitbread has a 52-week low of GBX 2,098 and a 52-week high of GBX 3,017. The company has a current ratio of 0.33, a quick ratio of 1.74 and a debt-to-equity ratio of 179.41. The company’s fifty day simple moving average is GBX 2,449.95 and its 200 day simple moving average is GBX 2,469.62. The company has a market cap of £4.61 billion, a price-to-earnings ratio of 22.56, a price-to-earnings-growth ratio of -3.09 and a beta of 0.65.

Whitbread (LON:WTB – Get Free Report) last released its earnings results on Tuesday, October 13th. The company reported GBX 125.10 earnings per share (EPS) for the quarter. Whitbread had a net margin of 1.96% and a return on equity of 1.85%. As a group, sell-side analysts predict that Whitbread will post 227.19 earnings per share for the current fiscal year.

Insider Transactions at Whitbread

In related news, insider Shelley Roberts bought 485 shares of the business’s stock in a transaction on Tuesday, August 11th. The stock was acquired at an average cost of GBX 2,456 per share, with a total value of £11,911.60. 0.42% of the stock is currently owned by insiders.

About Whitbread

(Get Free Report)

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.

See Also

Analyst Recommendations for Whitbread (LON:WTB)

Receive News & Ratings for Whitbread Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Whitbread and related companies with MarketBeat.com's FREE daily email newsletter.