Whitbread plc (LON:WTB) Receives Average Recommendation of “Buy” from Brokerages

Whitbread plc (LON:WTB) has been assigned a consensus recommendation of “Buy” from the seven research firms that are presently covering the firm, Marketbeat.com reports. Seven investment analysts have rated the stock with a buy rating. The average 12-month target price among analysts that have updated their coverage on the stock in the last year is GBX 4,192.50 ($51.78).

Separately, Shore Capital reissued a “buy” rating on shares of Whitbread in a research note on Tuesday, March 5th.

Insiders Place Their Bets

In other news, insider Shelley Roberts bought 417 shares of the stock in a transaction on Thursday, February 1st. The stock was purchased at an average price of GBX 3,575 ($44.16) per share, for a total transaction of £14,907.75 ($18,413.72). Corporate insiders own 3.97% of the company’s stock.

Whitbread Stock Up 0.5 %

Shares of WTB opened at GBX 3,043 ($37.59) on Friday. The firm has a market capitalization of £5.61 billion, a price-to-earnings ratio of 1,800.59, a PEG ratio of -3.09 and a beta of 1.08. The company has a debt-to-equity ratio of 125.83, a quick ratio of 1.74 and a current ratio of 1.42. The business’s fifty day moving average price is GBX 3,266.67 and its two-hundred day moving average price is GBX 3,372.95. Whitbread has a 52 week low of GBX 2,996 ($37.01) and a 52 week high of GBX 3,714 ($45.87).

Whitbread Company Profile

Whitbread plc operates hotels and restaurants in the United Kingdom, Germany, and internationally. It operates hotels with rooms in the United Kingdom; Middle East; and Germany under the Premier Inn, ZIP by Premier Inn, and hub by Premier Inn brands. The company operates restaurants under the Brewers Fayre, Beefeater, Cookhouse & Pub, Bar+Block Steakhouse, Thyme, and Table Table brands in the United Kingdom.