Insider Buying: Whitbread (LON:WTB) Insider Buys £14,870 in Stock

Whitbread plc (LON:WTB) insider Richard Gillingwater acquired 500 shares of the business’s stock in a transaction that occurred on Tuesday, October 21st. The stock was bought at an average cost of GBX 2,974 per share, for a total transaction of £14,870.

Whitbread Price Performance

Whitbread stock opened at GBX 3,125 on Friday. The stock’s 50 day moving average is GBX 3,148.27 and its 200 day moving average is GBX 2,944.94. The company has a debt-to-equity ratio of 33.18, a current ratio of 0.96 and a quick ratio of 1.74. The firm has a market cap of £5.39 billion, a P/E ratio of 22.23, a P/E/G ratio of -3.09 and a beta of 1.11. Whitbread plc has a one year low of GBX 2,253 and a one year high of GBX 3,345.

Whitbread (LON:WTB) last issued its earnings results on Thursday, October 16th. The company reported GBX 133.70 earnings per share for the quarter. Whitbread had a return on equity of 6.83% and a net margin of 8.08%. As a group, research analysts expect that Whitbread plc will post 227.1851852 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on the company. JPMorgan Chase & Co. lifted their target price on Whitbread from GBX 2,800 to GBX 2,900 and gave the stock a “neutral” rating in a report on Friday, October 17th. Shore Capital reiterated a “buy” rating on shares of Whitbread in a report on Thursday, October 16th. Berenberg Bank lowered their target price on Whitbread from GBX 3,900 to GBX 3,500 and set a “buy” rating for the company in a report on Wednesday, July 9th. Peel Hunt reiterated a “buy” rating and issued a GBX 3,500 target price on shares of Whitbread in a report on Thursday, October 16th. Finally, Citigroup lifted their target price on Whitbread from GBX 3,600 to GBX 3,800 and gave the stock a “buy” rating in a report on Thursday, August 21st. Four equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, Whitbread currently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 3,425.

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.