Whitbread plc (LON:WTB) Insider Kal Atwal Buys 1,130 Shares of Stock

Whitbread plc (LON:WTB) insider Kal Atwal acquired 1,130 shares of the company’s stock in a transaction dated Thursday, February 20th. The stock was acquired at an average cost of GBX 2,621 ($33.21) per share, with a total value of £29,617.30 ($37,528.26).

Whitbread Stock Up 0.3 %

Shares of Whitbread stock opened at GBX 2,623 ($33.24) on Friday. The company has a quick ratio of 1.74, a current ratio of 0.96 and a debt-to-equity ratio of 33.18. The business has a 50-day moving average price of GBX 2,857.53 and a 200 day moving average price of GBX 2,946.73. Whitbread plc has a fifty-two week low of GBX 2,602 ($32.97) and a fifty-two week high of GBX 3,614 ($45.79). The firm has a market cap of £4.68 billion, a P/E ratio of 20.28, a P/E/G ratio of -3.09 and a beta of 1.11.

Analyst Ratings Changes

WTB has been the topic of a number of recent analyst reports. Berenberg Bank cut their target price on Whitbread from GBX 4,000 ($50.68) to GBX 3,900 ($49.42) and set a “buy” rating on the stock in a research report on Tuesday, December 10th. Shore Capital reaffirmed a “buy” rating on shares of Whitbread in a report on Thursday, January 16th. One investment analyst has rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of GBX 2,713.33 ($34.38).

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.