Whitbread (LON:WTB)‘s stock had its “neutral” rating restated by equities research analysts at UBS Group in a note issued to investors on Friday, Stock Target Advisor reports.
Several other analysts also recently issued reports on WTB. Sanford C. Bernstein raised shares of Whitbread to a “market perform” rating and set a GBX 4,000 ($52.62) price objective for the company in a research report on Thursday, October 24th. Shore Capital reaffirmed a “hold” rating on shares of Whitbread in a research report on Thursday. Jefferies Financial Group lowered their price objective on shares of Whitbread from GBX 4,500 ($59.19) to GBX 4,200 ($55.25) and set a “hold” rating for the company in a research report on Friday, November 1st. Liberum Capital reaffirmed a “hold” rating on shares of Whitbread in a research report on Friday. Finally, Berenberg Bank downgraded shares of Whitbread to a “hold” rating and lowered their price objective for the company from GBX 5,750 ($75.64) to GBX 4,800 ($63.14) in a research report on Friday. Two analysts have rated the stock with a sell rating, thirteen have issued a hold rating and three have issued a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus price target of GBX 4,639.38 ($61.03).
Shares of LON:WTB opened at GBX 4,481 ($58.95) on Friday. The company has a quick ratio of 1.55, a current ratio of 1.63 and a debt-to-equity ratio of 89.10. Whitbread has a 52-week low of GBX 3,927 ($51.66) and a 52-week high of GBX 5,194 ($68.32). The company has a 50 day moving average of GBX 4,761.38 and a two-hundred day moving average of GBX 4,486.68. The company has a market capitalization of $5.99 billion and a price-to-earnings ratio of 2.13.
In other news, insider Nicholas Cadbury sold 6,500 shares of the firm’s stock in a transaction that occurred on Friday, December 13th. The shares were sold at an average price of GBX 4,943 ($65.02), for a total transaction of £321,295 ($422,645.36).
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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