Kal Atwal Buys 1,130 Shares of Whitbread plc (LON:WTB) Stock

Whitbread plc (LON:WTB) insider Kal Atwal purchased 1,130 shares of the business’s stock in a transaction that occurred on Thursday, February 20th. The stock was acquired at an average price of GBX 2,621 ($33.11) per share, for a total transaction of £29,617.30 ($37,419.20).

Whitbread Stock Performance

Shares of WTB stock opened at GBX 2,648 ($33.46) on Friday. The stock has a market capitalization of £4.73 billion, a price-to-earnings ratio of 20.48, a PEG ratio of -3.09 and a beta of 1.11. Whitbread plc has a one year low of GBX 2,602 ($32.87) and a one year high of GBX 3,614 ($45.66). The company’s 50-day simple moving average is GBX 2,851.65 and its 200-day simple moving average is GBX 2,945.20. The company has a debt-to-equity ratio of 33.18, a quick ratio of 1.74 and a current ratio of 0.96.

Analysts Set New Price Targets

Several equities research analysts have issued reports on WTB shares. Berenberg Bank dropped their price objective on Whitbread from GBX 4,000 ($50.54) to GBX 3,900 ($49.27) and set a “buy” rating on the stock in a report on Tuesday, December 10th. Shore Capital reissued a “buy” rating on shares of Whitbread in a research report on Thursday, January 16th. One investment analyst has rated the stock with a hold rating and four have given a buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of GBX 2,713.33 ($34.28).

Whitbread Company Profile

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.