Whitbread (LON:WTB)‘s stock had its “neutral” rating reaffirmed by equities researchers at Goldman Sachs Group in a report issued on Tuesday, ThisIsMoney.Co.Uk reports.
Several other research firms also recently commented on WTB. HSBC lowered their target price on shares of Whitbread from GBX 5,400 ($70.56) to GBX 4,900 ($64.03) and set a “hold” rating on the stock in a report on Tuesday, March 19th. Numis Securities downgraded shares of Whitbread to a “hold” rating and set a GBX 5,400 ($70.56) target price on the stock. in a report on Wednesday, April 10th. Morgan Stanley downgraded shares of Whitbread to an “equal weight” rating and lowered their target price for the stock from GBX 5,500 ($71.87) to GBX 5,200 ($67.95) in a report on Thursday, April 11th. UBS Group reissued a “neutral” rating and issued a GBX 5,000 ($65.33) target price (up previously from GBX 4,800 ($62.72)) on shares of Whitbread in a report on Thursday, June 13th. Finally, Deutsche Bank reissued a “hold” rating on shares of Whitbread in a report on Friday, June 7th. Twelve analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average target price of GBX 5,000 ($65.33).
Shares of Whitbread stock opened at GBX 4,548 ($59.43) on Tuesday. Whitbread has a 52 week low of GBX 3,870 ($50.57) and a 52 week high of GBX 5,162 ($67.45). The company’s fifty day simple moving average is GBX 4,597.78. The company has a quick ratio of 5.77, a current ratio of 5.90 and a debt-to-equity ratio of 13.31. The company has a market cap of $7.91 billion and a PE ratio of 2.24.
In other Whitbread news, insider Nicholas Cadbury sold 2,166 shares of the business’s stock in a transaction on Friday, May 31st. The shares were sold at an average price of GBX 4,619 ($60.36), for a total transaction of £100,047.54 ($130,729.83). Also, insider Louise Smalley sold 232 shares of the business’s stock in a transaction on Tuesday, May 28th. The shares were sold at an average price of GBX 4,588 ($59.95), for a total transaction of £10,644.16 ($13,908.48).
Whitbread Company Profile
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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