Whitbread (LON:WTB) Reaches New 1-Year Low - What's Next?

Whitbread plc (LON:WTB - Get Free Report)'s stock price hit a new 52-week low on Thursday . The company traded as low as GBX 1,314 ($16.18) and last traded at GBX 2,848 ($35.06), with a volume of 1453487 shares changing hands. The stock had previously closed at GBX 2,872 ($35.36).

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on the company. Berenberg Bank lowered their target price on Whitbread from GBX 4,000 ($49.24) to GBX 3,900 ($48.01) and set a "buy" rating for the company in a research note on Tuesday, December 10th. Shore Capital reiterated a "buy" rating on shares of Whitbread in a research report on Thursday, January 16th. One investment analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. According to MarketBeat, Whitbread has an average rating of "Moderate Buy" and a consensus target price of GBX 2,713.33 ($33.40).

Whitbread Trading Down 0.9 %

The company has a current ratio of 1.02, a quick ratio of 1.74 and a debt-to-equity ratio of 144.72. The firm has a market capitalization of £5.08 billion, a P/E ratio of 1,778.75, a P/E/G ratio of -3.09 and a beta of 1.11. The firm has a 50-day moving average of GBX 2,924.54 and a two-hundred day moving average of GBX 2,972.42.

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.