Whitbread (LON:WTB) Reaches New 1-Year Low – Time to Sell?

Whitbread plc (LON:WTB) reached 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).

Analyst Ratings Changes

A number of research firms have commented on WTB. Shore Capital reissued a “buy” rating on shares of Whitbread in a research note on Thursday, January 16th. Berenberg Bank dropped their price objective on Whitbread from GBX 4,000 ($49.57) to GBX 3,900 ($48.33) and set a “buy” rating for the company in a report on Tuesday, December 10th. One research analyst has rated the stock with a hold rating and four have given a buy rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of GBX 2,713.33 ($33.63).

Whitbread Stock Down 1.3 %

The business’s 50-day moving average is GBX 2,906.22 and its two-hundred day moving average is GBX 2,966.95. The firm has a market capitalization 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. The company has a debt-to-equity ratio of 144.72, a quick ratio of 1.74 and a current ratio of 1.02.

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.