Whitbread plc (LON:WTB - Get Free Report)'s stock price fell 10.3% during mid-day trading on Thursday . The company traded as low as GBX 2,876 ($38.66) and last traded at GBX 2,893 ($38.89). 2,658,615 shares were traded during mid-day trading, an increase of 58% from the average session volume of 1,682,901 shares. The stock had previously closed at GBX 3,224 ($43.34).
Wall Street Analyst Weigh In
A number of equities research analysts have recently weighed in on the company. Berenberg Bank lowered their target price on Whitbread from GBX 3,900 to GBX 3,500 and set a "buy" rating for the company in a research note on Wednesday, July 9th. Shore Capital reissued a "buy" rating on shares of Whitbread in a report on Thursday. Peel Hunt restated a "buy" rating and set a GBX 3,500 price objective on shares of Whitbread in a research report on Thursday. Finally, Citigroup raised their price objective on shares of Whitbread from GBX 3,600 to GBX 3,800 and gave the stock a "buy" rating in a research note on Thursday, August 21st. Four analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of GBX 3,600.
View Our Latest Stock Analysis on Whitbread
Whitbread Stock Performance
The company has a market capitalization of £4.99 billion, a price-to-earnings ratio of 2,057.61, a price-to-earnings-growth ratio of -3.09 and a beta of 1.11. The company has a current ratio of 0.96, a quick ratio of 1.74 and a debt-to-equity ratio of 33.18. The stock's fifty day simple moving average is GBX 3,149.81 and its 200-day simple moving average is GBX 2,924.40.
Whitbread (LON:WTB - Get Free Report) last announced its quarterly earnings results on Thursday, October 16th. The company reported GBX 133.70 EPS for the quarter. Whitbread had a net margin of 8.08% and a return on equity of 6.83%. Analysts predict that Whitbread plc will post 227.1851852 EPS for the current year.
About Whitbread
(
Get Free Report)
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.
See Also
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