Whitbread (LON:WTB) Stock Price Expected to Rise, Berenberg Bank Analyst Says

Key Points

• Berenberg Bank raised Whitbread’s price target from GBX 2,280 to GBX 2,400 but maintained a “hold” rating, implying 9.5% downside from the current share price.
• Analyst sentiment is more positive overall: Whitbread has a consensus “Moderate Buy” rating and an average target price of GBX 2,919.38, supported by four Buy and four Hold ratings.
• Whitbread reported quarterly EPS of GBX 125.10, while analysts expect full-year EPS of approximately GBX 227.19; the stock opened at GBX 2,652 and has a £4.43 billion market capitalization.

Whitbread (LON:WTB - Get Free Report) had its price target hoisted by research analysts at Berenberg Bank from GBX 2,280 to GBX 2,400 in a note issued to investors on Wednesday, Digital Look reports. The brokerage presently has a "hold" rating on the stock. Berenberg Bank's price objective indicates a potential downside of 9.50% from the stock's current price.

Other equities analysts also recently issued research reports about the stock. Citigroup lifted their price objective on shares of Whitbread from GBX 3,100 to GBX 3,300 and gave the stock a "buy" rating in a report on Friday, August 21st. Jefferies Financial Group increased their target price on shares of Whitbread from GBX 2,050 to GBX 2,250 and gave the stock a "hold" rating in a report on Wednesday, August 26th. Four research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat, Whitbread presently has a consensus rating of "Moderate Buy" and an average target price of GBX 2,919.38.

Whitbread Trading Up 0.2%

LON:WTB opened at GBX 2,652 on Wednesday. The company has a quick ratio of 1.74, a current ratio of 0.33 and a debt-to-equity ratio of 179.41. The business's 50 day moving average is GBX 2,429.50 and its two-hundred day moving average is GBX 2,413.96. Whitbread has a 52 week low of GBX 2,098 and a 52 week high of GBX 3,175. The company has a market cap of £4.43 billion, a PE ratio of 21.67, a P/E/G ratio of -3.09 and a beta of 0.65.

Whitbread (LON:WTB - Get Free Report) last issued its earnings results on Tuesday, October 13th. The company reported GBX 125.10 EPS for the quarter. Whitbread had a return on equity of 1.85% and a net margin of 1.96%. On average, analysts predict that Whitbread will post 227.19 EPS for the current year.

Insider Activity at Whitbread

In related news, insider Shelley Roberts purchased 485 shares of the company's stock in a transaction dated Tuesday, August 11th. The shares were acquired at an average cost of GBX 2,456 per share, for a total transaction of £11,911.60. Company insiders own 0.42% of the company's stock.

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.

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