Whitbread plc (LON:WTB) Given Average Recommendation of “Buy” by Brokerages

Whitbread plc (LON:WTBGet Free Report) has been assigned a consensus recommendation of “Buy” from the six ratings firms that are currently covering the stock, Marketbeat.com reports. Six investment analysts have rated the stock with a buy recommendation. The average twelve-month target price among brokerages that have issued a report on the stock in the last year is GBX 4,283.33 ($54.70).

Separately, Shore Capital reiterated a “buy” rating on shares of Whitbread in a research report on Thursday, May 16th.

Check Out Our Latest Report on WTB

Whitbread Stock Performance

Shares of Whitbread stock opened at GBX 2,874 ($36.70) on Wednesday. The firm has a fifty day moving average of GBX 3,132.47 and a two-hundred day moving average of GBX 3,332.85. The stock has a market capitalization of £5.24 billion, a price-to-earnings ratio of 1,818.13, a PEG ratio of -3.09 and a beta of 1.08. Whitbread has a 52 week low of GBX 2,859 ($36.51) and a 52 week high of GBX 3,714 ($47.43). The company has a debt-to-equity ratio of 144.72, a quick ratio of 1.74 and a current ratio of 1.02.

Whitbread Increases Dividend

The company also recently declared a dividend, which will be paid on Friday, July 5th. Stockholders of record on Thursday, May 23rd will be issued a GBX 62.90 ($0.80) dividend. This is a positive change from Whitbread’s previous dividend of $34.10. The ex-dividend date is Thursday, May 23rd. This represents a dividend yield of 2.06%. Whitbread’s payout ratio is 6,062.50%.

Insider Activity

In other news, insider Dame Karen Jones purchased 900 shares of the firm’s stock in a transaction dated Friday, May 3rd. The stock was bought at an average price of GBX 3,004 ($38.37) per share, with a total value of £27,036 ($34,528.74). 3.99% of the stock is owned by company insiders.

Whitbread Company Profile

(Get Free Report

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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Analyst Recommendations for Whitbread (LON:WTB)

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