Whitbread (LON:WTB) Stock Crosses Above 200-Day Moving Average - Time to Sell?

Key Points

• Whitbread's stock price has recently crossed above its 200-day moving average, closing at GBX 3,245 ($43.34) with trading peaks at GBX 3,278 ($43.78).
• Analyst ratings for Whitbread show mixed views, with Berenberg Bank reducing their price target to GBX 3,500 while Citigroup has increased theirs to GBX 3,800, maintaining a "buy" rating for the stock.
• Whitbread operates the UK's largest hotel brand, Premier Inn, and has a market capitalization of £5.59 billion with a debt-to-equity ratio of 33.18.

Whitbread plc (LON:WTB - Get Free Report)'s share price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 2,906.21 ($38.81) and traded as high as GBX 3,278 ($43.78). Whitbread shares last traded at GBX 3,245 ($43.34), with a volume of 533,994 shares changing hands.

Analyst Ratings Changes

A number of equities research analysts have issued reports on the stock. Berenberg Bank cut their price target on shares of Whitbread from GBX 3,900 to GBX 3,500 and set a "buy" rating on the stock in a report on Wednesday, July 9th. Citigroup raised their price target on shares of Whitbread from GBX 3,600 to GBX 3,800 and gave the stock a "buy" rating in a report on Thursday, August 21st. Three research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of GBX 3,650.

Whitbread Trading Up 0.1%

The company has a market cap of £5.59 billion, a P/E ratio of 2,307.97, a P/E/G ratio of -3.09 and a beta of 1.11. The stock's 50-day moving average is GBX 3,139 and its two-hundred day moving average is GBX 2,906.21. The company has a debt-to-equity ratio of 33.18, a current ratio of 0.96 and a quick ratio of 1.74.

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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