Whitbread (LON:WTB) Insider Christine Mary Hodgson Buys 10,000 Shares

Whitbread plc (LON:WTB) insider Christine Mary Hodgson acquired 10,000 shares of the stock in a transaction that occurred on Friday, October 17th. The shares were bought at an average price of GBX 2,880 per share, for a total transaction of £288,000.

Whitbread Stock Up 1.5%

Shares of Whitbread stock opened at GBX 2,946.53 on Monday. The company has a market cap of £5.08 billion, a price-to-earnings ratio of 20.96, a price-to-earnings-growth ratio of -3.09 and a beta of 1.11. The company’s 50 day moving average is GBX 3,146.85 and its 200 day moving average is GBX 2,933.75. Whitbread plc has a twelve month low of GBX 2,253 and a twelve month high of GBX 3,352. The company has a quick ratio of 1.74, a current ratio of 0.96 and a debt-to-equity ratio of 33.18.

Whitbread (LON:WTB) last issued its quarterly earnings data on Thursday, October 16th. The company reported GBX 133.70 earnings per share for the quarter. Whitbread had a net margin of 8.08% and a return on equity of 6.83%. Research analysts anticipate that Whitbread plc will post 227.1851852 EPS for the current year.

Analyst Ratings Changes

A number of brokerages have commented on WTB. Citigroup upped their target price on shares of Whitbread from GBX 3,600 to GBX 3,800 and gave the company a “buy” rating in a report on Thursday, August 21st. Shore Capital reaffirmed a “buy” rating on shares of Whitbread in a report on Thursday. JPMorgan Chase & Co. upped their target price on shares of Whitbread from GBX 2,800 to GBX 2,900 and gave the company a “neutral” rating in a report on Friday. Peel Hunt reaffirmed a “buy” rating and set a GBX 3,500 target price on shares of Whitbread in a report on Thursday. Finally, Berenberg Bank reduced their target price on shares of Whitbread from GBX 3,900 to GBX 3,500 and set a “buy” rating for the company in a report on Wednesday, July 9th. Four equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 3,425.

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.