Shares of Whitbread plc (LON:WTB - Get Free Report) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 3,012.63 ($39.11) and traded as high as GBX 3,352 ($43.52). Whitbread shares last traded at GBX 3,306 ($42.92), with a volume of 897,790 shares changing hands.
Wall Street Analyst Weigh In
A number of equities analysts recently commented on the company. Shore Capital reiterated a "buy" rating on shares of Whitbread in a report on Wednesday, October 16th. The Goldman Sachs Group downgraded Whitbread to a "neutral" rating in a research note on Wednesday, September 18th. Finally, Jefferies Financial Group increased their price target on Whitbread from GBX 39 ($0.51) to GBX 40 ($0.52) and gave the company a "buy" rating in a research note on Tuesday, August 20th. One research analyst has rated the stock with a hold rating and four have given a buy rating to the stock. According to MarketBeat, Whitbread currently has a consensus rating of "Moderate Buy" and an average price target of GBX 2,746.67 ($35.66).
View Our Latest Stock Analysis on Whitbread
Whitbread Price Performance
The stock has a market capitalization of £5.95 billion, a price-to-earnings ratio of 2,066.25, a P/E/G ratio of -3.09 and a beta of 1.11. The company's 50-day simple moving average is GBX 3,028.42 and its 200-day simple moving average is GBX 3,012.63. The company has a debt-to-equity ratio of 144.72, a current ratio of 1.02 and a quick ratio of 1.74.
Whitbread Cuts Dividend
The company also recently declared a dividend, which will be paid on Friday, December 6th. Investors of record on Thursday, October 31st will be paid a GBX 34.60 ($0.45) dividend. The ex-dividend date of this dividend is Thursday, October 31st. This represents a yield of 1.13%. Whitbread's dividend payout ratio (DPR) is presently 6,062.50%.
About Whitbread
(
Get Free Report)
Whitbread plc operates hotels and restaurants in the United Kingdom, Germany, and internationally. It operates hotels with rooms in the United Kingdom; Middle East; and Germany under the Premier Inn, ZIP by Premier Inn, and hub by Premier Inn brands. The company operates restaurants under the Brewers Fayre, Beefeater, Cookhouse & Pub, Bar+Block Steakhouse, Thyme, and Table Table brands in the United Kingdom.
Further Reading
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