Whitbread (LON:WTB) Hits New 52-Week Low – What’s Next?

Whitbread plc (LON:WTB) shares hit a new 52-week low during trading on Thursday . The stock traded as low as GBX 1,314 ($16.18) and last traded at GBX 2,848 ($35.06), with a volume of 1453487 shares traded. The stock had previously closed at GBX 2,872 ($35.36).

Analyst Ratings Changes

A number of research analysts have weighed in on the company. Shore Capital restated a “buy” rating on shares of Whitbread in a report on Thursday, January 16th. Berenberg Bank lowered their price target on shares of Whitbread from GBX 4,000 ($49.24) to GBX 3,900 ($48.01) and set a “buy” rating on the stock in a research report on Tuesday, December 10th. One equities research analyst has rated the stock with a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 2,713.33 ($33.40).

Whitbread Price Performance

The company has a debt-to-equity ratio of 144.72, a current ratio of 1.02 and a quick ratio of 1.74. The stock has a 50 day simple moving average of GBX 2,924.54 and a two-hundred day simple moving average of GBX 2,972.42. The company has a market cap of £5.09 billion, a price-to-earnings ratio of 1,782.31, a price-to-earnings-growth ratio of -3.09 and a beta of 1.11.

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.