Whitbread (LON:WTB) Hits New 52-Week Low - What's Next?

Shares of Whitbread plc (LON:WTB - Get Free Report) hit a new 52-week low on Tuesday . The stock traded as low as GBX 2,710 ($34.11) and last traded at GBX 2,713 ($34.15), with a volume of 1821983 shares traded. The stock had previously closed at GBX 2,811 ($35.38).

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on the company. Shore Capital reaffirmed a "buy" rating on shares of Whitbread in a research note on Thursday, January 16th. Berenberg Bank reduced their target price on Whitbread from GBX 4,000 ($50.35) to GBX 3,900 ($49.09) and set a "buy" rating for the company in a research note on Tuesday, December 10th. One research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company's stock. According to data from MarketBeat.com, Whitbread presently has a consensus rating of "Moderate Buy" and a consensus target price of GBX 2,713.33 ($34.15).

Whitbread Stock Up 0.7 %

The business has a fifty day simple moving average of GBX 2,881.24 and a two-hundred day simple moving average of GBX 2,953.78. 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 company has a market cap of £4.79 billion, a PE ratio of 20.75, a price-to-earnings-growth ratio of -3.09 and a beta of 1.11.

Whitbread Company Profile

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.