Whitbread (LON:WTB) Rating Reiterated by Shore Capital

Shore Capital restated their buy rating on shares of Whitbread (LON:WTB) in a report issued on Tuesday morning, Price Targets.com reports.

Several other equities analysts have also commented on the stock. Peel Hunt reaffirmed a buy rating and set a GBX 3,600 ($48.87) target price on shares of Whitbread in a report on Monday, October 25th. Morgan Stanley increased their target price on shares of Whitbread from GBX 3,700 ($50.22) to GBX 3,800 ($51.58) and gave the company an overweight rating in a report on Wednesday, October 27th. Berenberg Bank reaffirmed a buy rating and set a GBX 3,600 ($48.87) target price on shares of Whitbread in a report on Tuesday, November 30th. Peel Hunt reissued a buy rating and issued a GBX 3,600 ($48.87) price target on shares of Whitbread in a report on Monday, October 25th. Finally, Barclays reissued an overweight rating and issued a GBX 4,000 ($54.30) price target on shares of Whitbread in a report on Thursday, October 7th. One equities research analyst has rated the stock with a hold rating and nine have given a buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of Buy and a consensus target price of GBX 3,715.56 ($50.44).

Shares of LON:WTB opened at GBX 3,091 ($41.96) on Tuesday. The company’s fifty day moving average price is GBX 3,013.50 and its 200-day moving average price is GBX 3,126.93. The firm has a market capitalization of £6.24 billion and a price-to-earnings ratio of -21.95. Whitbread has a one year low of GBX 2,672.02 ($36.27) and a one year high of GBX 3,949.01 ($53.60). The company has a debt-to-equity ratio of 113.98, a current ratio of 1.80 and a quick ratio of 1.75.

In related news, insider Alison Brittain sold 6,084 shares of Whitbread stock in a transaction dated Tuesday, November 23rd. The shares were sold at an average price of GBX 3,012 ($40.89), for a total transaction of £183,250.08 ($248,744.51).

Whitbread Company Profile

Whitbread plc operates hotels and restaurants in the United Kingdom, Germany, and internationally. It operates approximately 857 hotels with 78,718 rooms in the United Kingdom; and 4,880 rooms in Germany under the Premier Inn, ZIP by Premier Inn, and hub by Premier Inn brands; and 768 restaurants under the Brewers Fayre, Beefeater, Whitbread Inns, Cookhouse & Pub, Bar+Block Steakhouse, Thyme, and Table Table brands.

Read More: Different Types of Derivatives

Analyst Recommendations for Whitbread (LON:WTB)

Receive News & Ratings for Whitbread Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Whitbread and related companies with MarketBeat.com's FREE daily email newsletter.