Analysts Set Whitbread plc (LON:WTB) Price Target at GBX 4,192.50

Whitbread plc (LON:WTB) has been assigned a consensus rating of “Buy” from the seven analysts that are covering the firm, Marketbeat reports. Seven investment analysts have rated the stock with a buy rating. The average 12-month price target among brokers that have issued a report on the stock in the last year is GBX 4,192.50 ($52.66).

Separately, Shore Capital reissued a “buy” rating on shares of Whitbread in a research report on Tuesday.

Whitbread Stock Performance

Shares of Whitbread stock opened at GBX 3,099 ($38.93) on Friday. The firm has a market capitalization of £5.72 billion, a P/E ratio of 1,833.73, a PEG ratio of -3.09 and a beta of 1.08. The company has a quick ratio of 1.74, a current ratio of 1.42 and a debt-to-equity ratio of 125.83. The company has a 50 day moving average price of GBX 3,231.37 and a 200 day moving average price of GBX 3,367.58. Whitbread has a 52 week low of GBX 2,995 ($37.62) and a 52 week high of GBX 3,714 ($46.65).

Whitbread Increases Dividend

The business also recently declared a dividend, which will be paid on Friday, July 5th. Investors of record on Thursday, May 23rd will be paid a GBX 62.90 ($0.79) dividend. The ex-dividend date of this dividend is Thursday, May 23rd. This represents a yield of 2.06%. This is a boost from Whitbread’s previous dividend of $34.10. Whitbread’s dividend payout ratio (DPR) is currently 4,970.41%.

Whitbread Company Profile

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.