Whitbread (LON:WTB) Reaches New 12-Month Low – Here’s Why

Whitbread plc (LON:WTB) shares hit a new 52-week low on Thursday . The stock traded as low as GBX 1,871.40 ($23.19) and last traded at GBX 2,856 ($35.39), with a volume of 947307 shares. The stock had previously closed at GBX 2,917 ($36.15).

Analysts Set New Price Targets

WTB has been the topic of a number of research reports. Shore Capital reissued a “buy” rating on shares of Whitbread in a research report on Thursday, January 16th. Berenberg Bank cut their price target on shares of Whitbread from GBX 4,000 ($49.57) to GBX 3,900 ($48.33) and set a “buy” rating on the stock in a research report on Tuesday, December 10th. One analyst has rated the stock with a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of GBX 2,713.33 ($33.63).

Whitbread Stock Down 1.3 %

The company has a debt-to-equity ratio of 144.72, a quick ratio of 1.74 and a current ratio of 1.02. The firm has a fifty day simple moving average of GBX 2,906.22 and a 200-day simple moving average of GBX 2,966.95. The firm has a market cap of £5.02 billion, a price-to-earnings ratio of 1,758.13, a P/E/G ratio of -3.09 and a beta of 1.11.

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.