Whitbread plc (LON:WTB) Insider Kal Atwal Purchases 1,130 Shares

Whitbread plc (LON:WTB) insider Kal Atwal acquired 1,130 shares of Whitbread stock in a transaction dated Thursday, February 20th. The shares were purchased at an average price of GBX 2,621 ($33.11) per share, for a total transaction of £29,617.30 ($37,419.20).

Whitbread Trading Up 1.0 %

Shares of WTB stock opened at GBX 2,648 ($33.46) on Friday. The stock has a market capitalization of £4.73 billion, a PE ratio of 20.48, a P/E/G ratio of -3.09 and a beta of 1.11. Whitbread plc has a 1-year low of GBX 2,602 ($32.87) and a 1-year high of GBX 3,614 ($45.66). The business has a 50-day moving average of GBX 2,851.65 and a 200 day moving average of GBX 2,945.87. The company has a debt-to-equity ratio of 33.18, a current ratio of 0.96 and a quick ratio of 1.74.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on WTB shares. Shore Capital reiterated a “buy” rating on shares of Whitbread in a research report on Thursday, January 16th. Berenberg Bank reduced their price objective on Whitbread from GBX 4,000 ($50.54) to GBX 3,900 ($49.27) and set a “buy” rating on the stock in a research report on Tuesday, December 10th. One analyst has rated the stock with a hold rating and four have given a buy rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of GBX 2,713.33 ($34.28).

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.