Whitbread plc (LON:WTB) Given Average Recommendation of “Hold” by Analysts

Whitbread plc (LON:WTB) has received a consensus recommendation of “Hold” from the sixteen brokerages that are presently covering the company, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, eleven have issued a hold recommendation and four have issued a buy recommendation on the company. The average 12-month price target among brokers that have issued ratings on the stock in the last year is GBX 5,000 ($65.33).

A number of equities research analysts recently weighed in on the company. Royal Bank of Canada cut Whitbread to an “underperform” rating in a report on Thursday, July 18th. Numis Securities reaffirmed a “hold” rating on shares of Whitbread in a report on Thursday, June 13th. JPMorgan Chase & Co. dropped their price target on Whitbread from GBX 5,400 ($70.56) to GBX 5,100 ($66.64) and set an “overweight” rating for the company in a report on Wednesday, May 1st. Barclays reaffirmed an “overweight” rating and set a GBX 4,700 ($61.41) price target on shares of Whitbread in a report on Thursday. Finally, UBS Group reaffirmed a “neutral” rating and set a GBX 4,750 ($62.07) price target (down from GBX 5,000 ($65.33)) on shares of Whitbread in a report on Thursday, June 20th.

In other news, insider Nicholas Cadbury sold 7,800 shares of Whitbread stock in a transaction on Thursday, July 25th. The stock was sold at an average price of GBX 4,501 ($58.81), for a total value of £351,078 ($458,745.59). Also, insider Louise Smalley sold 232 shares of Whitbread stock in a transaction on Tuesday, May 28th. The stock was sold at an average price of GBX 4,588 ($59.95), for a total value of £10,644.16 ($13,908.48). Insiders sold a total of 22,863 shares of company stock valued at $104,689,270 over the last three months.

WTB stock traded down GBX 83 ($1.08) during midday trading on Friday, reaching GBX 4,086 ($53.39). 359,152 shares of the company’s stock traded hands, compared to its average volume of 564,229. The business has a 50-day moving average of GBX 4,591.90. Whitbread has a 1-year low of GBX 3,914 ($51.14) and a 1-year high of GBX 5,162 ($67.45). The stock has a market cap of $5.46 billion and a P/E ratio of 2.01. The company has a current ratio of 5.90, a quick ratio of 5.77 and a debt-to-equity ratio of 13.31.

About Whitbread

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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