Whitbread plc (LON:WTB - Get Free Report)'s stock price traded down 10.3% during mid-day trading on Thursday . The stock 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).
Analyst Ratings Changes
Several brokerages have issued reports on WTB. Berenberg Bank dropped their target price 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 objective on Whitbread from GBX 3,600 to GBX 3,800 and gave the stock a "buy" rating in a research report on Thursday, August 21st. Peel Hunt reiterated a "buy" rating and issued a GBX 3,500 target price on shares of Whitbread in a research note on Thursday. Finally, Shore Capital reaffirmed a "buy" rating on shares of Whitbread in a report on Thursday. Four research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of GBX 3,600.
Get Our Latest Stock Analysis on WTB
Whitbread Stock Performance
The firm's 50-day moving average is GBX 3,149.81 and its two-hundred day moving average is GBX 2,924.40. 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 has a market cap of £4.99 billion, a price-to-earnings ratio of 2,057.61, a P/E/G ratio of -3.09 and a beta of 1.11.
Whitbread (LON:WTB - Get Free Report) last issued its 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%. As a group, sell-side analysts expect that Whitbread plc will post 227.1851852 earnings per share 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.
Further Reading
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Whitbread, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Whitbread wasn't on the list.
While Whitbread currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Learn the basics of options trading and how to use them to boost returns and manage risk with this free report from MarketBeat. Click the link below to get your free copy.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.