Whitbread (LON:WTB) Price Target Raised to GBX 2,700

Whitbread (LON:WTB) had its price objective raised by Berenberg Bank from GBX 2,400 to GBX 2,700 in a report published on Wednesday,Digital Look reports. They currently have a hold rating on the stock.

Other analysts also recently issued reports about the stock. Citigroup boosted their target price on shares of Whitbread from GBX 3,100 to GBX 3,300 and gave the stock a “buy” rating in a research report on Friday, August 21st. Deutsche Bank raised their price target on shares of Whitbread from GBX 2,530 to GBX 2,730 and gave the company a “hold” rating in a report on Thursday, October 29th. Finally, Jefferies Financial Group reaffirmed a “hold” rating and issued a GBX 2,250 price objective on shares of Whitbread in a research note on Thursday, October 29th. Four investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of GBX 2,981.88.

Whitbread Stock Performance

Shares of LON WTB opened at GBX 2,806 on Wednesday. The stock has a market cap of £4.70 billion, a price-to-earnings ratio of 77.30, a PEG ratio of -3.09 and a beta of 0.65. The business has a 50 day simple moving average of GBX 2,535.24 and a 200 day simple moving average of GBX 2,473. Whitbread has a 52 week low of GBX 2,098 and a 52 week high of GBX 2,907.37. The company has a debt-to-equity ratio of 179.41, a quick ratio of 1.74 and a current ratio of 0.33.

Whitbread (LON:WTB) last released its quarterly earnings data on Tuesday, October 13th. The company reported GBX 125.10 EPS for the quarter. Whitbread had a return on equity of 1.85% and a net margin of 1.96%. On average, research analysts predict that Whitbread will post 227.19 earnings per share for the current fiscal year.

About Whitbread

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.