Whitbread (LON:WTB) Receives “Buy” Rating from Shore Capital

Whitbread (LON:WTB)‘s stock had its “buy” rating reaffirmed by equities researchers at Shore Capital in a research note issued on Thursday,London Stock Exchange reports.

Several other analysts have also recently weighed in on WTB. Berenberg Bank dropped their price objective on Whitbread from GBX 4,000 ($48.96) to GBX 3,900 ($47.74) and set a “buy” rating for the company in a report on Tuesday, December 10th. The Goldman Sachs Group cut shares of Whitbread to a “neutral” rating in a research report on Wednesday, September 18th. One equities research analyst has rated the stock with a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of GBX 2,713.33 ($33.21).

Whitbread Trading Down 2.8 %

Shares of LON WTB traded down GBX 84.57 ($1.04) during midday trading on Thursday, hitting GBX 2,887.43 ($35.34). The stock had a trading volume of 773,211 shares, compared to its average volume of 1,031,606. The company has a debt-to-equity ratio of 144.72, a current ratio of 1.02 and a quick ratio of 1.74. Whitbread has a fifty-two week low of GBX 2,723 ($33.33) and a fifty-two week high of GBX 3,680 ($45.04). The firm has a market cap of £5.16 billion, a P/E ratio of 1,804.65, a price-to-earnings-growth ratio of -3.09 and a beta of 1.11. The company’s 50-day simple moving average is GBX 2,939.30 and its 200 day simple moving average is GBX 2,973.26.

Whitbread Company Profile

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.