Shore Capital Reiterates “Buy” Rating for Whitbread (LON:WTB)

Whitbread (LON:WTB)‘s stock had its “buy” rating restated by stock analysts at Shore Capital in a research report issued on Thursday, MarketBeat.com reports.

Several other equities research analysts have also recently commented on WTB. Berenberg Bank lowered their price target on Whitbread from GBX 4,000 ($48.67) to GBX 3,900 ($47.45) and set a “buy” rating for the company in a research note on Tuesday, December 10th. The Goldman Sachs Group downgraded shares of Whitbread to a “neutral” rating in a research report on Wednesday, September 18th. One investment analyst has rated the stock with a hold rating and four have issued a buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of GBX 2,713.33 ($33.01).

Whitbread Stock Performance

Shares of LON WTB opened at GBX 2,918 ($35.50) on Thursday. 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 one year low of GBX 2,723 ($33.13) and a one year high of GBX 3,680 ($44.77). The business’s 50-day moving average price is GBX 2,936.14 and its two-hundred day moving average price is GBX 2,973.67. The company has a market capitalization of £5.21 billion, a P/E ratio of 1,823.75, a price-to-earnings-growth ratio of -3.09 and a beta of 1.11.

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.