Whitbread (LON:WTB) Reaches New 1-Year Low – Should You Sell?

Whitbread plc (LON:WTB)’s share price hit a new 52-week low during trading on Monday . The company traded as low as GBX 2,253 ($29.04) and last traded at GBX 2,327 ($29.99), with a volume of 7851905 shares traded. The stock had previously closed at GBX 2,433 ($31.36).

Analysts Set New Price Targets

WTB has been the topic of several analyst reports. JPMorgan Chase & Co. lowered Whitbread to a “neutral” rating in a report on Friday, March 7th. Shore Capital restated a “buy” rating on shares of Whitbread in a research note on Thursday, January 16th. Finally, Berenberg Bank lowered their price objective on shares of Whitbread from GBX 4,000 ($51.56) to GBX 3,900 ($50.27) and set a “buy” rating for the company in a research note on Tuesday, December 10th. Two research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of GBX 2,713.33 ($34.97).

Whitbread Price Performance

The firm has a market capitalization of £4.20 billion, a price-to-earnings ratio of 18.18, a price-to-earnings-growth ratio of -3.09 and a beta of 1.11. The stock’s fifty day moving average price is GBX 2,633.76 and its two-hundred day moving average price is GBX 2,883.54. The company has a current ratio of 0.96, a quick ratio of 1.74 and a debt-to-equity ratio of 33.18.

Insider Buying and Selling at Whitbread

In other Whitbread news, insider Kal Atwal acquired 1,130 shares of the stock in a transaction dated Thursday, February 20th. The stock was acquired at an average cost of GBX 2,621 ($33.78) per share, with a total value of £29,617.30 ($38,176.46). 1.03% of the stock is owned by insiders.

About Whitbread

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.