Whitbread (LON:WTB) Earns Overweight Rating from Barclays

Whitbread (LON:WTB)‘s stock had its “overweight” rating reissued by research analysts at Barclays in a research note issued to investors on Thursday, Analyst Ratings Network reports. They currently have a GBX 4,000 ($54.30) target price on the stock. Barclays‘s price objective points to a potential upside of 29.41% from the company’s previous close.

A number of other brokerages have also recently commented on WTB. Berenberg Bank reaffirmed a “buy” rating and set a GBX 3,600 ($48.87) price objective on shares of Whitbread in a research note on Tuesday, November 30th. Peel Hunt reissued a “buy” rating and issued a GBX 3,600 ($48.87) price target on shares of Whitbread in a research note on Monday, October 25th. Peel Hunt reissued a “buy” rating and issued a GBX 3,600 ($48.87) price target on shares of Whitbread in a research note on Monday, October 25th. Shore Capital reissued a “buy” rating on shares of Whitbread in a research note on Tuesday. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a GBX 3,800 ($51.58) price target on shares of Whitbread in a research note on Tuesday, October 19th. One investment analyst has rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, Whitbread currently has an average rating of “Buy” and a consensus price target of GBX 3,715.56 ($50.44).

Shares of LON WTB opened at GBX 3,091 ($41.96) on Thursday. The stock has a market capitalization of £6.24 billion and a price-to-earnings ratio of -21.95. Whitbread has a 12 month low of GBX 2,672.02 ($36.27) and a 12 month high of GBX 3,949.01 ($53.60). The firm’s 50 day simple moving average is GBX 3,013.50 and its 200-day simple moving average is GBX 3,126.93. The company has a debt-to-equity ratio of 113.98, a current ratio of 1.80 and a quick ratio of 1.75.

In other Whitbread news, insider Alison Brittain sold 6,084 shares of the firm’s stock in a transaction on Tuesday, November 23rd. The stock was sold at an average price of GBX 3,012 ($40.89), for a total value of £183,250.08 ($248,744.51).

Whitbread Company Profile

Whitbread plc operates hotels and restaurants in the United Kingdom, Germany, and internationally. It operates approximately 857 hotels with 78,718 rooms in the United Kingdom; and 4,880 rooms in Germany under the Premier Inn, ZIP by Premier Inn, and hub by Premier Inn brands; and 768 restaurants under the Brewers Fayre, Beefeater, Whitbread Inns, Cookhouse & Pub, Bar+Block Steakhouse, Thyme, and Table Table brands.

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Analyst Recommendations for Whitbread (LON:WTB)

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