Whitbread (LON:WTB) Earns Hold Rating from Deutsche Bank

Whitbread (LON:WTB)‘s stock had its “hold” rating restated by analysts at Deutsche Bank in a report released on Friday, June 7th, ThisIsMoney.Co.Uk reports.

Several other research analysts have also recently weighed in on the company. Morgan Stanley cut Whitbread to an “equal weight” rating and decreased their price target for the stock from GBX 5,500 ($71.87) to GBX 5,200 ($67.95) in a research note on Thursday, April 11th. HSBC decreased their price target on Whitbread from GBX 5,400 ($70.56) to GBX 4,900 ($64.03) and set a “hold” rating for the company in a research note on Tuesday, March 19th. UBS Group reiterated a “neutral” rating and set a GBX 4,800 ($62.72) price objective (down previously from GBX 4,875 ($63.70)) on shares of Whitbread in a research report on Thursday, May 2nd. JPMorgan Chase & Co. reiterated an “overweight” rating and set a GBX 5,400 ($70.56) price objective (up previously from GBX 5,300 ($69.25)) on shares of Whitbread in a research report on Friday, February 15th. Finally, Liberum Capital upped their price objective on Whitbread from GBX 4,450 ($58.15) to GBX 4,800 ($62.72) and gave the company a “hold” rating in a research report on Wednesday, February 13th. Twelve analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. Whitbread presently has an average rating of “Hold” and a consensus target price of GBX 5,000 ($65.33).

Shares of LON WTB traded up GBX 46 ($0.60) during mid-day trading on Friday, hitting GBX 4,629 ($60.49). 845,473 shares of the stock traded hands, compared to its average volume of 564,229. The company has a debt-to-equity ratio of 13.31, a quick ratio of 5.77 and a current ratio of 5.90. The stock has a fifty day moving average of GBX 4,601.16. 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 has a market capitalization of $8.05 billion and a P/E ratio of 2.28.

In other news, insider Nicholas Cadbury sold 2,166 shares of the firm’s stock in a transaction that occurred on Friday, May 31st. The stock was sold at an average price of GBX 4,619 ($60.36), for a total value of £100,047.54 ($130,729.83). Also, insider Louise Smalley sold 232 shares of the firm’s stock in a transaction that occurred on Tuesday, May 28th. The shares were sold at an average price of GBX 4,588 ($59.95), for a total value 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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Analyst Recommendations for Whitbread (LON:WTB)

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