Whitbread plc (LON:WTB - Get Free Report)'s share price crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 3,004.32 ($38.66) and traded as high as GBX 3,070 ($39.51). Whitbread shares last traded at GBX 3,040 ($39.12), with a volume of 954,363 shares.
Analyst Upgrades and Downgrades
WTB has been the topic of a number of analyst reports. Jefferies Financial Group upped their target price on shares of Whitbread from GBX 39 ($0.50) to GBX 40 ($0.51) and gave the stock a "buy" rating in a report on Tuesday, August 20th. Berenberg Bank reaffirmed a "buy" rating and set a GBX 4,000 ($51.47) target price on shares of Whitbread in a report on Thursday, October 24th. The Goldman Sachs Group lowered shares of Whitbread to a "neutral" rating in a report on Wednesday, September 18th. Finally, Shore Capital reissued a "buy" rating on shares of Whitbread in a report on Wednesday, October 16th. One investment analyst has rated the stock with a hold rating and four have issued a buy rating to the stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of GBX 2,746.67 ($35.35).
Check Out Our Latest Stock Report on WTB
Whitbread Stock Down 1.7 %
The stock's fifty day moving average price is GBX 3,111.25 and its 200 day moving average price is GBX 3,004.20. The stock has a market cap of £5.33 billion, a P/E ratio of 1,866.88, a price-to-earnings-growth ratio of -3.09 and a beta of 1.11. The company has a current ratio of 1.02, a quick ratio of 1.74 and a debt-to-equity ratio of 144.72.
Whitbread Cuts Dividend
The firm also recently announced a dividend, which will be paid on Friday, December 6th. Investors of record on Thursday, October 31st will be issued a dividend of GBX 34.60 ($0.45) per share. This represents a dividend yield of 1.13%. The ex-dividend date is Thursday, October 31st. Whitbread's dividend payout ratio is currently 6,062.50%.
About Whitbread
(
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.
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