Whitbread plc (LON:WTB - Get Free Report)'s stock price passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 3,010.52 ($39.04) and traded as high as GBX 3,077 ($39.90). Whitbread shares last traded at GBX 3,063 ($39.72), with a volume of 1,097,498 shares trading hands.
Analyst Upgrades and Downgrades
Several research analysts have commented on WTB shares. The Goldman Sachs Group downgraded Whitbread to a "neutral" rating in a research note on Wednesday, September 18th. Berenberg Bank reiterated a "buy" rating and set a GBX 4,000 ($51.87) price objective on shares of Whitbread in a research report on Thursday, October 24th. Jefferies Financial Group raised their target price on shares of Whitbread from GBX 39 ($0.51) to GBX 40 ($0.52) and gave the company a "buy" rating in a research report on Tuesday, August 20th. Finally, Shore Capital reiterated a "buy" rating on shares of Whitbread in a report on Wednesday, October 16th. One analyst has rated the stock with a hold rating and four have issued a buy rating to the company. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of GBX 2,746.67 ($35.62).
Get Our Latest Report on WTB
Whitbread Price Performance
The company has a 50 day moving average price of GBX 3,079.52 and a 200-day moving average price of GBX 3,009.47. The company has a market cap of £5.47 billion, a price-to-earnings ratio of 1,914.38, a P/E/G ratio of -3.09 and a beta of 1.11. The company has a quick ratio of 1.74, a current ratio of 1.02 and a debt-to-equity ratio of 144.72.
Whitbread Cuts Dividend
The firm also recently declared a dividend, which will be paid on Friday, December 6th. Shareholders of record on Thursday, October 31st will be given a GBX 34.60 ($0.45) dividend. This represents a yield of 1.13%. The ex-dividend date is Thursday, October 31st. Whitbread's dividend payout ratio (DPR) is currently 6,062.50%.
Whitbread Company Profile
(
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.
Featured Articles
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
Need to stretch out your 401K or Roth IRA plan? Use these time-tested investing strategies to grow the monthly retirement income that your stock portfolio generates.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
