Deutsche Bank Aktiengesellschaft Issues Pessimistic Forecast for Whitbread (LON:WTB) Stock Price

Key Points

• Deutsche Bank cut its price target for Whitbread from GBX 2,815 to GBX 2,530 and kept a "hold" rating, implying only about a 7.98% upside from the current price.
• Analyst sentiment is mixed-to-positive with four Buys and three Holds, leaving a consensus rating of Moderate Buy and an average price target of GBX 3,071.67.
• Whitbread was trading up ~3.4% to GBX 2,343 midday; recent quarterly results showed EPS of GBX 123.30, a net margin of 7.29%, market cap ~£3.91bn and a P/E of 19.14.

Whitbread (LON:WTB - Get Free Report) had its price objective decreased by equities researchers at Deutsche Bank Aktiengesellschaft from GBX 2,815 to GBX 2,530 in a research report issued on Wednesday,Digital Look reports. The firm currently has a "hold" rating on the stock. Deutsche Bank Aktiengesellschaft's price target points to a potential upside of 7.98% from the stock's current price.

A number of other brokerages also recently commented on WTB. JPMorgan Chase & Co. reduced their price objective on shares of Whitbread from GBX 2,550 to GBX 2,500 and set a "neutral" rating for the company in a research note on Monday, March 30th. Citigroup boosted their price objective on shares of Whitbread from GBX 3,100 to GBX 3,300 and gave the stock a "buy" rating in a research note on Thursday, January 15th. Finally, Berenberg Bank downgraded shares of Whitbread to a "hold" rating and set a GBX 2,900 price objective for the company. in a research note on Monday, January 19th. Four equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company's stock. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of GBX 3,071.67.

Whitbread Trading Up 3.4%

Whitbread stock traded up GBX 78 during midday trading on Wednesday, reaching GBX 2,343. The stock had a trading volume of 3,674,665 shares, compared to its average volume of 14,406,950. The company has a quick ratio of 1.74, a current ratio of 0.44 and a debt-to-equity ratio of 174.28. Whitbread has a 52-week low of GBX 2,098 and a 52-week high of GBX 3,302. The firm has a market cap of £3.91 billion, a price-to-earnings ratio of 19.14, a price-to-earnings-growth ratio of -3.09 and a beta of 0.66. The company has a fifty day moving average of GBX 2,428.80 and a 200 day moving average of GBX 2,608.17.

Whitbread (LON:WTB - Get Free Report) last posted its quarterly earnings results on Thursday, April 30th. The company reported GBX 123.30 EPS for the quarter. Whitbread had a net margin of 7.29% and a return on equity of 6.73%. The firm had revenue of GBX 292.02 billion for the quarter. On average, analysts anticipate that Whitbread will post 227.1851852 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, insider Kal Atwal acquired 462 shares of the stock in a transaction on Wednesday, February 18th. The shares were acquired at an average price of GBX 2,737 per share, for a total transaction of £12,644.94. Also, insider Christine Mary Hodgson acquired 7,750 shares of the stock in a transaction on Monday, February 16th. The stock was bought at an average price of GBX 2,706 per share, for a total transaction of £209,715. Company insiders own 0.40% 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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