Whitbread (LON:WTB) Reaches New 1-Year Low – Should You Sell?

Whitbread plc (LON:WTB)’s share price reached a new 52-week low during mid-day trading on Tuesday . The company traded as low as GBX 2,710 ($33.49) and last traded at GBX 2,713 ($33.53), with a volume of 1821983 shares traded. The stock had previously closed at GBX 2,811 ($34.74).

Analysts Set New Price Targets

A number of equities analysts have issued reports on WTB shares. Berenberg Bank cut their price target on Whitbread from GBX 4,000 ($49.43) to GBX 3,900 ($48.20) and set a “buy” rating on the stock in a report on Tuesday, December 10th. Shore Capital restated a “buy” rating on shares of Whitbread in a report on Thursday, January 16th. One analyst has rated the stock with a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 2,713.33 ($33.53).

Whitbread Trading Down 2.4 %

The business has a fifty day moving average of GBX 2,894.90 and a 200-day moving average of GBX 2,960.29. The company has a debt-to-equity ratio of 144.72, a quick ratio of 1.74 and a current ratio of 1.02. The company has a market capitalization of £4.90 billion, a P/E ratio of 1,715.00, a PEG ratio of -3.09 and a beta of 1.11.

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.