Whitbread plc (LON:WTB) Stock Has Average Price Target of GBX 2,904.38 According to Analysts

Key Points

• Whitbread has a “Moderate Buy” consensus from eight analysts, split evenly between buy and hold ratings, with an average 12-month price target of GBX 2,904.38.
• Recent analyst targets range from GBX 2,250 to GBX 3,700, including Citigroup’s upgraded GBX 3,300 buy target and Shore Capital’s GBX 3,700 buy target.
• Whitbread shares opened at GBX 2,558, while the company reported quarterly earnings of GBX 125.10 per share; insider Shelley Roberts also bought 485 shares worth approximately £11,912.

Shares of Whitbread plc (LON:WTB - Get Free Report) have been assigned a consensus recommendation of "Moderate Buy" from the eight research firms that are covering the company, MarketBeat Ratings reports. Four investment analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average twelve-month price objective among analysts that have issued ratings on the stock in the last year is GBX 2,904.38.

WTB has been the topic of a number of analyst reports. Citigroup increased their target price on shares of Whitbread from GBX 3,100 to GBX 3,300 and gave the stock a "buy" rating in a research report on Friday, August 21st. Shore Capital Group reaffirmed a "buy" rating and set a GBX 3,700 target price on shares of Whitbread in a report on Thursday, June 18th. Berenberg Bank reiterated a "hold" rating and issued a GBX 2,280 price target on shares of Whitbread in a research report on Monday, June 22nd. Finally, Jefferies Financial Group lifted their price target on shares of Whitbread from GBX 2,050 to GBX 2,250 and gave the company a "hold" rating in a research report on Wednesday, August 26th.

Insider Buying and Selling

In related news, insider Shelley Roberts purchased 485 shares of the company's stock in a transaction that occurred on Tuesday, August 11th. The stock was acquired at an average price of GBX 2,456 per share, with a total value of £11,911.60. 0.42% of the stock is currently owned by company insiders.

Whitbread Trading Down 1.1%

WTB stock opened at GBX 2,558 on Friday. Whitbread has a 52 week low of GBX 2,098 and a 52 week high of GBX 3,175. The company has a market capitalization of £4.28 billion, a PE ratio of 20.90, a price-to-earnings-growth ratio of -3.09 and a beta of 0.65. The company's 50-day simple moving average is GBX 2,421.08 and its 200 day simple moving average is GBX 2,407.48. The company has a debt-to-equity ratio of 179.41, a quick ratio of 1.74 and a current ratio of 0.33.

Whitbread (LON:WTB - Get Free Report) last issued its quarterly earnings data on Tuesday, October 13th. The company reported GBX 125.10 earnings per share for the quarter. Whitbread had a net margin of 1.96% and a return on equity of 1.85%. As a group, sell-side analysts anticipate that Whitbread will post 227.19 earnings per share for the current year.

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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