Whitbread (LON:WTB) Receives "Buy" Rating from Shore Capital

Whitbread (LON:WTB - Get Free Report)'s stock had its "buy" rating reiterated by equities research analysts at Shore Capital in a report released on Thursday, Marketbeat Ratings reports.

Several other research firms have also recently issued reports on WTB. The Goldman Sachs Group cut Whitbread to a "neutral" rating in a research report on Wednesday, September 18th. Berenberg Bank dropped their price objective on Whitbread from GBX 4,000 ($48.67) to GBX 3,900 ($47.45) and set a "buy" rating on the stock in a report on Tuesday, December 10th. One investment analyst has rated the stock with a hold rating and four have issued a buy rating to the stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price of GBX 2,713.33 ($33.01).

Whitbread Stock Performance

WTB traded up GBX 17 ($0.21) on Thursday, hitting GBX 2,918 ($35.50). 439,564 shares of the company traded hands, compared to its average volume of 997,565. The company has a 50 day moving average of GBX 2,936.14 and a 200-day moving average of GBX 2,973.67. Whitbread has a 12-month low of GBX 2,723 ($33.13) and a 12-month high of GBX 3,680 ($44.77). The stock has a market capitalization of £5.21 billion, a PE ratio of 1,823.75, a PEG ratio of -3.09 and a beta of 1.11. The company has a quick ratio of 1.74, a current ratio of 1.02 and a debt-to-equity ratio of 144.72.

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.