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

Shares of Whitbread plc (LON:WTB - Get Free Report) reached a new 52-week low during trading on Thursday . The stock traded as low as GBX 1,871.40 ($23.28) and last traded at GBX 2,856 ($35.53), with a volume of 947307 shares changing hands. The stock had previously closed at GBX 2,917 ($36.29).

Analyst Ratings Changes

A number of equities research analysts recently commented on WTB shares. Shore Capital reaffirmed a "buy" rating on shares of Whitbread in a report on Thursday, January 16th. Berenberg Bank lowered their price objective on Whitbread from GBX 4,000 ($49.76) to GBX 3,900 ($48.52) and set a "buy" rating for the company in a research note on Tuesday, December 10th. One analyst has rated the stock with a hold rating and four have given a buy rating to the company's stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of GBX 2,713.33 ($33.76).

Whitbread Price Performance

The company has a debt-to-equity ratio of 144.72, a quick ratio of 1.74 and a current ratio of 1.02. The stock has a 50 day moving average of GBX 2,903.90 and a two-hundred day moving average of GBX 2,965.51. The firm has a market capitalization of £4.94 billion, a P/E ratio of 1,728.13, a P/E/G ratio of -3.09 and a beta of 1.11.

About Whitbread

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.