Whitbread (LON:WTB) Price Target Raised to GBX 2,400

by · The Markets Daily

Whitbread (LON:WTB – Free Report) had its target price upped by Berenberg Bank from GBX 2,280 to GBX 2,400 in a research report sent to investors on Wednesday morning,Digital Look reports. The firm currently has a hold rating on the stock.

Several other analysts have also weighed in on WTB. Jefferies Financial Group raised their price objective on Whitbread from GBX 2,050 to GBX 2,250 and gave the company a “hold” rating in a research note on Wednesday, August 26th. Citigroup boosted their target price on Whitbread from GBX 3,100 to GBX 3,300 and gave the stock a “buy” rating in a research note on Friday, August 21st. Four analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat, Whitbread has an average rating of “Moderate Buy” and a consensus price target of GBX 2,938.12.

Check Out Our Latest Report on Whitbread

Whitbread Trading Up 0.3%

Shares of WTB stock opened at GBX 2,590 on Wednesday. The stock’s fifty day moving average price is GBX 2,436.46 and its two-hundred day moving average price is GBX 2,419.15. The company has a market cap of £4.33 billion, a PE ratio of 21.16, a P/E/G ratio of -3.09 and a beta of 0.65. Whitbread has a fifty-two week low of GBX 2,098 and a fifty-two week high of GBX 3,175. The company has a debt-to-equity ratio of 179.41, a quick ratio of 1.74 and a current ratio of 0.33.

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

Insiders Place Their Bets

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

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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