Whitbread (LON:WTB)‘s stock had its “hold” rating reissued by equities researchers at Deutsche Bank in a research note issued on Friday, ThisIsMoney.Co.Uk reports.
Other equities research analysts have also issued research reports about the stock. Shore Capital restated a “buy” rating and issued a GBX 5,750 ($75.13) target price on shares of Whitbread in a report on Tuesday, May 7th. Morgan Stanley lowered 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. Numis Securities restated a “hold” rating and issued a GBX 4,250 ($55.53) target price on shares of Whitbread in a report on Tuesday, May 7th. 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. Finally, UBS Group restated a “neutral” rating on shares of Whitbread in a report on Thursday, February 14th. Ten analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. Whitbread has a consensus rating of “Hold” and a consensus target price of GBX 5,019.23 ($65.59).
WTB opened at GBX 4,712 ($61.57) on Friday. The company has a current ratio of 5.90, a quick ratio of 5.77 and a debt-to-equity ratio of 13.31. Whitbread has a fifty-two week low of GBX 3,870 ($50.57) and a fifty-two week high of GBX 5,162 ($67.45). The stock has a market capitalization of $8.19 billion and a P/E ratio of 2.32.
In other Whitbread news, insider Louise Smalley sold 232 shares of the company’s stock in a transaction dated 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). Also, insider Nicholas Cadbury sold 2,166 shares of the company’s stock in a transaction dated Friday, May 31st. The stock was sold at an average price of GBX 4,619 ($60.36), for a total transaction of £100,047.54 ($130,729.83).
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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