Whitbread (LON:WTB) Receives "Hold" Rating from Deutsche Bank Aktiengesellschaft

Key Points

• Deutsche Bank reaffirmed a "Hold" on Whitbread with a GBX 2,815 price target, implying roughly a 13.19% upside from the stock's recent level (opened at GBX 2,487).
• Analyst views are mixed but skew positive: four analysts rate Buy and three Hold, producing a consensus rating of Moderate Buy and a consensus price target of GBX 3,119.17; notable moves include Citi raising its TP to GBX 3,300 (Buy) and JPMorgan cutting its TP to GBX 2,500 (Neutral).
• Insiders showed buying interest in February—Christine Mary Hodgson bought 7,750 shares at GBX 2,706 and Kal Atwal bought 462 shares at GBX 2,737—while total insider ownership stands at 0.40%.

Whitbread (LON:WTB - Get Free Report)'s stock had its "hold" rating reaffirmed by stock analysts at Deutsche Bank Aktiengesellschaft in a note issued to investors on Friday,London Stock Exchange reports. They currently have a GBX 2,815 target price on the stock. Deutsche Bank Aktiengesellschaft's price objective suggests a potential upside of 13.19% from the stock's current price.

A number of other brokerages also recently commented on WTB. JPMorgan Chase & Co. lowered their price objective on 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 upped their price objective on 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 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 given a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of GBX 3,119.17.

Whitbread Price Performance

Shares of LON WTB opened at GBX 2,487 on Friday. Whitbread has a twelve month low of GBX 2,218 and a twelve month high of GBX 3,302. The company has a current ratio of 0.66, a quick ratio of 1.74 and a debt-to-equity ratio of 178.99. The company has a market capitalization of £4.15 billion, a price-to-earnings ratio of 17.38, a price-to-earnings-growth ratio of -3.09 and a beta of 0.66. The business has a 50 day simple moving average of GBX 2,518.41 and a 200-day simple moving average of GBX 2,703.28.

Insider Buying and Selling at Whitbread

In other Whitbread news, insider Christine Mary Hodgson purchased 7,750 shares of the firm's stock in a transaction dated Monday, February 16th. The stock was bought at an average price of GBX 2,706 per share, with a total value of £209,715. Also, insider Kal Atwal purchased 462 shares of the firm's stock in a transaction dated Wednesday, February 18th. The stock was acquired at an average cost of GBX 2,737 per share, with a total value of £12,644.94. Corporate insiders own 0.40% of the company's stock.

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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