Whitbread plc (LON:WTB – Get Free Report) 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.
View Our Latest Research Report on WTB
Whitbread Stock Performance
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.
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