Peel Hunt Reaffirms "Buy" Rating for Whitbread (LON:WTB)

Key Points

• Peel Hunt has reaffirmed a "Buy" rating for Whitbread, setting a price target of GBX 3,500, indicating a potential upside of 20.77% from the current price.
• Other analysts have also rated the stock positively, with Citigroup increasing its price objective to GBX 3,800 and a consensus rating of "Moderate Buy," suggesting a robust outlook for the company.
• Whitbread reported earnings per share of GBX 133.70 in its latest quarterly results, with analysts projecting an EPS of 227.19 for the current fiscal year.

Whitbread (LON:WTB - Get Free Report)'s stock had its "buy" rating reissued by equities researchers at Peel Hunt in a research report issued to clients and investors on Thursday,Digital Look reports. They currently have a GBX 3,500 price target on the stock. Peel Hunt's target price would suggest a potential upside of 20.77% from the company's previous close.

Other analysts also recently issued reports about the stock. Citigroup lifted their price objective on shares of Whitbread from GBX 3,600 to GBX 3,800 and gave the company a "buy" rating in a research report on Thursday, August 21st. Shore Capital reiterated a "buy" rating on shares of Whitbread in a research report on Thursday. Finally, Berenberg Bank cut their price objective on shares of Whitbread from GBX 3,900 to GBX 3,500 and set a "buy" rating on the stock in a research report on Wednesday, July 9th. Four analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of GBX 3,600.

Whitbread Stock Performance

Shares of Whitbread stock traded down GBX 326 during trading hours on Thursday, reaching GBX 2,898. The company's stock had a trading volume of 291,400,281 shares, compared to its average volume of 3,119,427. The company's 50 day simple moving average is GBX 3,152.79 and its 200 day simple moving average is GBX 2,921.34. The company has a debt-to-equity ratio of 33.18, a quick ratio of 1.74 and a current ratio of 0.96. Whitbread has a one year low of GBX 2,253 and a one year high of GBX 3,352. The stock has a market cap of £5.00 billion, a P/E ratio of 2,061.17, a price-to-earnings-growth ratio of -3.09 and a beta of 1.11.

Whitbread (LON:WTB - Get Free Report) last issued its quarterly earnings data on Thursday, October 16th. The company reported GBX 133.70 earnings per share for the quarter. Whitbread had a net margin of 8.08% and a return on equity of 6.83%. As a group, analysts expect that Whitbread will post 227.1851852 EPS for the current fiscal year.

About Whitbread

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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