Kal Atwal Buys 462 Shares of Whitbread (LON:WTB) Stock

Whitbread plc (LON:WTB) insider Kal Atwal bought 462 shares of the business’s stock in a transaction dated Wednesday, February 18th. The shares were purchased at an average cost of GBX 2,737 per share, with a total value of £12,644.94.

Whitbread Stock Performance

Shares of WTB traded up GBX 19 during trading hours on Wednesday, hitting GBX 2,757. The stock had a trading volume of 468,226 shares, compared to its average volume of 5,060,141. The firm has a 50-day moving average price of GBX 2,633.36 and a 200 day moving average price of GBX 2,868.78. Whitbread plc has a fifty-two week low of GBX 2,253 and a fifty-two week high of GBX 3,302. The firm has a market capitalization of £4.63 billion, a price-to-earnings ratio of 19.27, a PEG ratio of -3.09 and a beta of 1.11. The company has a debt-to-equity ratio of 33.18, a quick ratio of 1.74 and a current ratio of 0.96.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on the stock. Panmure Gordon reissued a “buy” rating and set a GBX 3,700 target price on shares of Whitbread in a research note on Tuesday, November 25th. Citigroup increased their price target on Whitbread from GBX 3,100 to GBX 3,300 and gave the stock a “buy” rating in a research report on Thursday, January 15th. JPMorgan Chase & Co. raised their price objective on Whitbread from GBX 2,450 to GBX 2,550 and gave the company a “neutral” rating in a report on Thursday, January 29th. Deutsche Bank Aktiengesellschaft cut Whitbread to a “hold” rating and cut their price objective for the company from GBX 3,375 to GBX 2,815 in a research report on Wednesday, December 3rd. Finally, Berenberg Bank lowered Whitbread to a “hold” rating and set a GBX 2,900 target price on the stock. in a research report on Monday, January 19th. Four research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of GBX 3,127.50.

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.