Analysts Set Whitbread plc (LON:WTB) PT at GBX 6,523.12

Shares of Whitbread plc (LON:WTB) have been given an average rating of “Moderate Buy” by the eight research firms that are covering the stock, MarketBeat reports. Three investment analysts have rated the stock with a hold rating and five have given a buy rating to the company. The average 12-month price target among brokerages that have issued a report on the stock in the last year is GBX 6,523.12.

Several equities analysts recently weighed in on WTB shares. Shore Capital Group restated a “buy” rating and set a GBX 3,700 target price on shares of Whitbread in a report on Thursday, June 18th. Deutsche Bank Aktiengesellschaft lowered their price target on Whitbread from GBX 2,815 to GBX 2,530 and set a “hold” rating for the company in a report on Wednesday, May 6th. Berenberg Bank restated a “hold” rating and set a GBX 2,280 price objective on shares of Whitbread in a research note on Monday, June 22nd. UBS Group restated a “buy” rating and set a GBX 2,975 price objective on shares of Whitbread in a research note on Friday, June 12th. Finally, Citigroup decreased their target price on Whitbread from £330 to £310 and set a “buy” rating for the company in a research report on Friday, June 19th.

Whitbread Price Performance

Shares of Whitbread stock opened at GBX 2,517 on Friday. Whitbread has a twelve month low of GBX 2,098 and a twelve month high of GBX 3,302. The stock has a market capitalization of £4.21 billion, a P/E ratio of 20.56, a PEG ratio of -3.09 and a beta of 0.65. The company has a current ratio of 0.44, a quick ratio of 1.74 and a debt-to-equity ratio of 174.28. The business’s fifty day moving average price is GBX 2,409.59 and its 200 day moving average price is GBX 2,467.17.

Insider Activity at Whitbread

In other Whitbread news, insider Dominic Paul bought 717 shares of the business’s stock in a transaction on Friday, July 3rd. The shares were bought at an average cost of GBX 2,410 per share, with a total value of £17,279.70. Company insiders own 0.42% of the company’s stock.

Whitbread Company Profile

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.