Whitbread plc (LON:WTB - Get Free Report) shares reached a new 52-week low during trading on Wednesday . The company traded as low as GBX 2,637 ($33.41) and last traded at GBX 2,639 ($33.44), with a volume of 891777 shares trading hands. The stock had previously closed at GBX 2,675 ($33.90).
Analyst Upgrades and Downgrades
A number of research analysts have recently commented on WTB shares. Berenberg Bank lowered their target price on Whitbread from GBX 4,000 ($50.68) to GBX 3,900 ($49.42) and set a "buy" rating for the company in a research note on Tuesday, December 10th. Shore Capital restated a "buy" rating on shares of Whitbread in a research note on Thursday, January 16th. One analyst has rated the stock with a hold rating and four have issued a buy rating to the company's stock. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of GBX 2,713.33 ($34.38).
Get Our Latest Report on Whitbread
Whitbread Trading Up 1.0 %
The company has a debt-to-equity ratio of 33.18, a quick ratio of 1.74 and a current ratio of 0.96. The company has a market cap of £4.73 billion, a P/E ratio of 20.48, a price-to-earnings-growth ratio of -3.09 and a beta of 1.11. The stock has a 50-day moving average of GBX 2,857.53 and a two-hundred day moving average of GBX 2,946.73.
Insider Activity at Whitbread
In related news, insider Kal Atwal acquired 1,130 shares of Whitbread stock in a transaction that occurred on Thursday, February 20th. The stock was bought at an average price of GBX 2,621 ($33.21) per share, with a total value of £29,617.30 ($37,528.26). 1.03% of the stock is owned by corporate insiders.
About Whitbread
(
Get Free Report)
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.
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