Whitbread plc (LON:WTB) Receives Consensus Recommendation of “Hold” from Brokerages

Whitbread plc (LON:WTB) has been assigned a consensus rating of “Hold” from the sixteen analysts that are covering the company, MarketBeat reports. One investment analyst has rated the stock with a sell recommendation, eleven have issued a hold recommendation and four have given a buy recommendation to the company. The average 12-month target price among brokers that have covered the stock in the last year is GBX 5,114.29 ($66.83).

A number of equities analysts recently issued reports on the stock. Deutsche Bank reissued a “hold” rating on shares of Whitbread in a research note on Friday, July 12th. Barclays reissued an “overweight” rating on shares of Whitbread in a research note on Thursday. Shore Capital reissued a “hold” rating on shares of Whitbread in a research note on Monday, July 22nd. Numis Securities reissued a “hold” rating on shares of Whitbread in a research note on Thursday, June 13th. Finally, Royal Bank of Canada downgraded shares of Whitbread to an “underperform” rating in a research note on Thursday, July 18th.

In other Whitbread news, insider Nicholas Cadbury sold 12,665 shares of the company’s stock in a transaction dated Friday, June 28th. The shares were sold at an average price of GBX 4,620 ($60.37), for a total value of £585,123 ($764,566.84). Also, insider Louise Smalley sold 232 shares of the company’s stock in a transaction dated Tuesday, May 28th. The stock was sold at an average price of GBX 4,588 ($59.95), for a total transaction of £10,644.16 ($13,908.48). In the last 90 days, insiders sold 22,863 shares of company stock worth $104,689,270.

WTB stock traded down GBX 78 ($1.02) during trading on Friday, reaching GBX 4,221 ($55.15). The company had a trading volume of 457,452 shares, compared to its average volume of 564,229. Whitbread has a 52 week low of GBX 3,914 ($51.14) and a 52 week high of GBX 5,162 ($67.45). The stock has a market cap of $5.70 billion and a P/E ratio of 2.08. The business’s 50 day moving average price is GBX 4,620.98. The company has a debt-to-equity ratio of 13.31, a quick ratio of 5.77 and a current ratio of 5.90.

Whitbread Company Profile

Whitbread PLC operates hotels, restaurants, and coffee shops. The company operates through two segments, Premier Inn and Costa. It operates approximately 785 hotels with 72,466 rooms in the United Kingdom, as well as hotels under the Premier Inn brand name; hotels under the hub by Premier Inn brand name in the United Kingdom; and restaurants under the Brewers Fayre, Beefeater Grill, Bar+Block, and Table Table brands.

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Analyst Recommendations for Whitbread (LON:WTB)

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