Whitbread (LON:WTB) Given “Buy” Rating at Berenberg Bank

Whitbread (LON:WTB)‘s stock had its “buy” rating restated by stock analysts at Berenberg Bank in a research note issued on Thursday, Digital Look reports. They presently have a GBX 4,000 ($51.93) price target on the stock. Berenberg Bank’s price objective points to a potential upside of 21.91% from the stock’s current price.

A number of other research analysts have also commented on the company. Shore Capital reissued a “buy” rating on shares of Whitbread in a report on Wednesday, October 16th. The Goldman Sachs Group downgraded Whitbread to a “neutral” rating in a report on Wednesday, September 18th. Finally, Jefferies Financial Group boosted their price objective on shares of Whitbread from GBX 39 ($0.51) to GBX 40 ($0.52) and gave the stock a “buy” rating in a research note on Tuesday, August 20th. One analyst has rated the stock with a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat.com, Whitbread currently has a consensus rating of “Moderate Buy” and an average price target of GBX 2,746.67 ($35.66).

Whitbread Stock Down 1.6 %

LON:WTB traded down GBX 54 ($0.70) during trading hours on Thursday, reaching GBX 3,281 ($42.60). The company’s stock had a trading volume of 1,447,051 shares, compared to its average volume of 1,343,753. Whitbread has a one year low of GBX 2,723 ($35.35) and a one year high of GBX 3,714 ($48.22). The business’s 50-day moving average is GBX 3,037.72 and its 200-day moving average is GBX 3,012.67. The company has a debt-to-equity ratio of 144.72, a current ratio of 1.02 and a quick ratio of 1.74. The company has a market cap of £5.86 billion, a price-to-earnings ratio of 2,058.75, a price-to-earnings-growth ratio of -3.09 and a beta of 1.11.

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.