JPMorgan Chase & Co. Issues Positive Forecast for Whitbread (LON:WTB) Stock Price

Whitbread (LON:WTBFree Report) had its price objective raised by JPMorgan Chase & Co. from GBX 2,800 to GBX 2,900 in a research report report published on Friday, Marketbeat Ratings reports. The brokerage currently has a neutral rating on the stock.

Other research analysts also recently issued reports about the company. Shore Capital reissued a “buy” rating on shares of Whitbread in a research note on Thursday. Berenberg Bank dropped their price target on shares of Whitbread from GBX 3,900 to GBX 3,500 and set a “buy” rating on the stock in a research report on Wednesday, July 9th. Peel Hunt reiterated a “buy” rating and issued a GBX 3,500 target price on shares of Whitbread in a report on Thursday. Finally, Citigroup lifted their target price on shares of Whitbread from GBX 3,600 to GBX 3,800 and gave the stock a “buy” rating in a report on Thursday, August 21st. Four equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of GBX 3,425.

View Our Latest Analysis on Whitbread

Whitbread Stock Up 0.3%

Shares of Whitbread stock opened at GBX 2,902 on Friday. The stock has a 50-day moving average price of GBX 3,146.85 and a 200 day moving average price of GBX 2,927.45. The company has a current ratio of 0.96, a quick ratio of 1.74 and a debt-to-equity ratio of 33.18. The company has a market cap of £5.00 billion, a P/E ratio of 2,064.01, a P/E/G ratio of -3.09 and a beta of 1.11. Whitbread has a 1 year low of GBX 2,253 and a 1 year high of GBX 3,352.

Whitbread (LON:WTBGet Free Report) last announced its quarterly earnings data on Thursday, October 16th. The company reported GBX 133.70 earnings per share (EPS) for the quarter. Whitbread had a return on equity of 6.83% and a net margin of 8.08%. As a group, analysts expect that Whitbread will post 227.1851852 EPS for the current fiscal year.

Whitbread Company Profile

(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.

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Analyst Recommendations for Whitbread (LON:WTB)

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