Whitbread (LON:WTB) Stock Rating Reaffirmed by Peel Hunt

Whitbread (LON:WTB – Get Rating)‘s stock had its “buy” rating reiterated by research analysts at Peel Hunt in a report released on Friday, Marketbeat.com reports. They currently have a GBX 4,000 ($49.50) price target on the stock. Peel Hunt’s target price suggests a potential upside of 28.00% from the stock’s previous close.

A number of other equities research analysts have also recently weighed in on WTB. JPMorgan Chase & Co. reaffirmed an “overweight” rating and set a GBX 4,200 ($51.97) price target on shares of Whitbread in a report on Monday, January 16th. Jefferies Financial Group reissued a “buy” rating and set a GBX 3,500 ($43.31) target price on shares of Whitbread in a report on Tuesday, February 14th. Finally, Numis Securities reissued a “buy” rating and set a GBX 3,510 ($43.44) target price on shares of Whitbread in a report on Wednesday, February 1st. Ten equities research analysts have rated the stock with a buy rating, According to data from MarketBeat, the company currently has an average rating of “Buy” and an average price target of GBX 3,724.44 ($46.09).

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Whitbread Stock Performance

WTB opened at GBX 3,125 ($38.67) on Friday. The business’s 50 day moving average is GBX 3,007.59 and its 200-day moving average is GBX 2,808.14. The stock has a market cap of £6.32 billion, a PE ratio of 1,953.13, a price-to-earnings-growth ratio of -3.09 and a beta of 1.09. The company has a current ratio of 1.77, a quick ratio of 1.74 and a debt-to-equity ratio of 112.71. Whitbread has a twelve month low of GBX 2,245.51 ($27.79) and a twelve month high of GBX 3,649.99 ($45.17).

Insider Activity at Whitbread

In other news, insider Dame Karen Jones acquired 275 shares of the firm’s stock in a transaction on Monday, February 27th. The shares were purchased at an average cost of GBX 3,140 ($38.86) per share, with a total value of £8,635 ($10,685.56). In other Whitbread news, insider Cilla Snowball acquired 2,258 shares of the business’s stock in a transaction that occurred on Wednesday, February 15th. The shares were acquired at an average cost of GBX 3,078 ($38.09) per share, for a total transaction of £69,501.24 ($86,005.74). Also, insider Dame Karen Jones acquired 275 shares of the business’s stock in a transaction that occurred on Monday, February 27th. The stock was acquired at an average price of GBX 3,140 ($38.86) per share, for a total transaction of £8,635 ($10,685.56). Insiders have acquired a total of 3,490 shares of company stock valued at $10,787,980 over the last quarter. 3.14% of the stock is owned by company insiders.

Whitbread Company Profile

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Whitbread plc operates hotels and restaurants in the United Kingdom, Germany, and internationally. It operates approximately 841 hotels with 82,286 rooms in the United Kingdom; 10 hotels in the Middle East; and 35 hotels with 5,875 rooms in Germany under the Premier Inn, ZIP by Premier Inn, and hub by Premier Inn brands.

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