Whitbread plc (LON:WTB – Get Free Report)’s stock price reached a new 52-week low on Thursday . The company traded as low as GBX 3,028 ($37.40) and last traded at GBX 3,031 ($37.44), with a volume of 1223683 shares traded. The stock had previously closed at GBX 3,112 ($38.44).
Analysts Set New Price Targets
Separately, Shore Capital reissued a “buy” rating on shares of Whitbread in a research report on Tuesday, March 5th. Seven equities research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the company has an average rating of “Buy” and a consensus target price of GBX 4,192.50 ($51.78).
Check Out Our Latest Stock Analysis on Whitbread
Whitbread Trading Up 0.5 %
Insiders Place Their Bets
In other news, insider Shelley Roberts purchased 417 shares of Whitbread stock in a transaction that occurred on Thursday, February 1st. The stock was bought at an average price of GBX 3,575 ($44.16) per share, with a total value of £14,907.75 ($18,413.72). Corporate insiders own 3.97% of the company’s stock.
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.
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