Whitbread (LON:WTB) Given “Buy” Rating at Shore Capital Group

Whitbread (LON:WTB)‘s stock had its “buy” rating reaffirmed by investment analysts at Shore Capital Group in a research report issued to clients and investors on Thursday,Digital Look reports. They presently have a GBX 3,700 target price on the stock. Shore Capital Group’s price target would suggest a potential upside of 55.31% from the stock’s previous close.

A number of other brokerages also recently weighed in on WTB. Deutsche Bank Aktiengesellschaft cut their price objective on Whitbread from GBX 2,815 to GBX 2,530 and set a “hold” rating on the stock in a research note on Wednesday, May 6th. Berenberg Bank dropped their price target on Whitbread from GBX 2,900 to GBX 2,280 and set a “hold” rating on the stock in a research report on Monday, June 1st. JPMorgan Chase & Co. dropped their price target on Whitbread from GBX 2,550 to GBX 2,500 and set a “neutral” rating on the stock in a research report on Monday, March 30th. Finally, UBS Group reaffirmed a “buy” rating and issued a GBX 2,975 price target on shares of Whitbread in a research report on Friday, June 12th. Five research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of GBX 3,060.63.

Whitbread Stock Down 0.9%

Shares of WTB stock opened at GBX 2,382.30 on Thursday. The stock’s 50 day simple moving average is GBX 2,390.95 and its 200 day simple moving average is GBX 2,491.08. The company has a debt-to-equity ratio of 174.28, a quick ratio of 1.74 and a current ratio of 0.44. Whitbread has a twelve month low of GBX 2,098 and a twelve month high of GBX 3,302. The company has a market capitalization of £3.98 billion, a price-to-earnings ratio of 19.46, a PEG ratio of -3.09 and a beta of 0.65.

Whitbread (LON:WTB) last issued its quarterly earnings data on Thursday, April 30th. The company reported GBX 123.30 earnings per share for the quarter. Whitbread had a return on equity of 6.73% and a net margin of 7.29%.The business had revenue of GBX 292.02 billion for the quarter. As a group, research analysts predict that Whitbread will post 227.1851852 EPS for the current year.

Insider Buying and Selling at Whitbread

In other news, insider Shelley Roberts acquired 1,290 shares of the firm’s stock in a transaction dated Friday, May 8th. The shares were bought at an average price of GBX 2,309 per share, with a total value of £29,786.10. 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.