Whitbread (LON:WTB) Receives Buy Rating from Peel Hunt

Peel Hunt reissued their buy rating on shares of Whitbread (LON:WTB) in a research note issued to investors on Tuesday morning, ThisIsMoney.Co.Uk reports.

A number of other equities analysts have also recently commented on the stock. JPMorgan Chase & Co. cut their target price on shares of Whitbread from GBX 2,800 ($34.46) to GBX 2,000 ($24.61) and set an underweight rating on the stock in a report on Tuesday, May 26th. Goldman Sachs Group dropped their price objective on shares of Whitbread from GBX 2,302.45 ($28.33) to GBX 2,150 ($26.46) and set a sell rating on the stock in a research note on Thursday, July 2nd. Citigroup reissued a neutral rating and issued a GBX 2,600 ($32.00) price objective on shares of Whitbread in a research note on Friday, June 5th. Barclays reissued an equal weight rating on shares of Whitbread in a research note on Thursday, July 2nd. Finally, Deutsche Bank dropped their price objective on shares of Whitbread from GBX 2,690 ($33.10) to GBX 2,250 ($27.69) and set a hold rating on the stock in a research note on Friday, May 22nd. Five research analysts have rated the stock with a sell rating, ten have issued a hold rating and four have given a buy rating to the stock. Whitbread currently has an average rating of Hold and an average price target of GBX 3,129.17 ($38.51).

Shares of Whitbread stock opened at GBX 2,268 ($27.91) on Tuesday. The firm’s fifty day simple moving average is GBX 2,427.10 and its 200-day simple moving average is GBX 3,371.40. The stock has a market capitalization of $4.37 billion and a price-to-earnings ratio of 15.64. Whitbread has a 12 month low of GBX 1,805.50 ($22.22) and a 12 month high of GBX 5,194 ($63.92). The company has a debt-to-equity ratio of 92.04, a current ratio of 1.31 and a quick ratio of 1.25.

In other Whitbread news, insider Nicholas Cadbury sold 3,358 shares of the business’s stock in a transaction dated Monday, June 22nd. The shares were sold at an average price of GBX 2,385 ($29.35), for a total transaction of £80,088.30 ($98,558.09). Also, insider Frank Fiskers bought 1,200 shares of Whitbread stock in a transaction on Thursday, June 11th. The shares were purchased at an average cost of GBX 2,441 ($30.04) per share, with a total value of £29,292 ($36,047.26).

About Whitbread

Whitbread PLC operates hotels, restaurants, and coffee shops. The company operates through two segments, Premier Inn and Costa. It operates approximately 785 hotels with 72,466 rooms in the United Kingdom, as well as hotels under the Premier Inn brand name; hotels under the hub by Premier Inn brand name in the United Kingdom; and restaurants under the Brewers Fayre, Beefeater Grill, Bar+Block, and Table Table brands.

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Analyst Recommendations for Whitbread (LON:WTB)

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