Whitbread (LON:WTB) Hits New 52-Week Low – Should You Sell?

Whitbread plc (LON:WTB) shares reached a new 52-week low on Tuesday . The stock traded as low as GBX 2,600 ($33.51) and last traded at GBX 2,601 ($33.53), with a volume of 978628 shares trading hands. The stock had previously closed at GBX 2,667 ($34.38).

Analyst Ratings Changes

Several equities research analysts have recently issued reports on the stock. Berenberg Bank lowered their price objective on shares of Whitbread from GBX 4,000 ($51.56) to GBX 3,900 ($50.27) and set a “buy” rating on the stock in a research note on Tuesday, December 10th. Shore Capital restated a “buy” rating on shares of Whitbread in a research report on Thursday, January 16th. One equities research analyst has rated the stock with a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of GBX 2,713.33 ($34.97).

Whitbread Stock Down 1.8 %

The firm has a market capitalization of £4.47 billion, a price-to-earnings ratio of 19.35, a price-to-earnings-growth ratio of -3.09 and a beta of 1.11. The company has a debt-to-equity ratio of 33.18, a current ratio of 0.96 and a quick ratio of 1.74. The business has a 50 day moving average of GBX 2,813.59 and a 200 day moving average of GBX 2,935.15.

Insider Activity at Whitbread

In related news, insider Kal Atwal acquired 1,130 shares of the firm’s stock in a transaction on Thursday, February 20th. The shares were bought at an average cost of GBX 2,621 ($33.78) per share, with a total value of £29,617.30 ($38,176.46). 1.03% of the stock is currently owned by insiders.

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.