Whitbread (LON:WTB) Insider Buys £288,000 in Stock

Whitbread plc (LON:WTB) insider Christine Mary Hodgson bought 10,000 shares of Whitbread stock in a transaction dated Friday, October 17th. The shares were acquired at an average cost of GBX 2,880 per share, for a total transaction of £288,000.

Whitbread Trading Up 3.2%

Shares of LON:WTB opened at GBX 3,154 on Thursday. Whitbread plc has a 1 year low of GBX 2,253 and a 1 year high of GBX 3,352. The stock’s fifty day moving average price is GBX 3,147.37 and its 200-day moving average price is GBX 2,939.84. 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 company has a market cap of £5.44 billion, a P/E ratio of 22.43, a PEG ratio of -3.09 and a beta of 1.11.

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

Analyst Ratings Changes

A number of brokerages have recently issued reports on WTB. Shore Capital reiterated a “buy” rating on shares of Whitbread in a report on Thursday, October 16th. JPMorgan Chase & Co. increased their price objective on Whitbread from GBX 2,800 to GBX 2,900 and gave the stock a “neutral” rating in a research report on Friday, October 17th. Berenberg Bank decreased their price target on Whitbread from GBX 3,900 to GBX 3,500 and set a “buy” rating on the stock in a research note on Wednesday, July 9th. Peel Hunt reissued a “buy” rating and set a GBX 3,500 price target on shares of Whitbread in a report on Thursday, October 16th. Finally, Citigroup raised their price target 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 research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of GBX 3,425.

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.