Whitbread (LON:WTB) Sets New 52-Week Low – What’s Next?

Whitbread plc (LON:WTB) reached a new 52-week low during mid-day trading on Wednesday . The stock traded as low as GBX 2,637 ($33.27) and last traded at GBX 2,639 ($33.29), with a volume of 891777 shares. The stock had previously closed at GBX 2,675 ($33.75).

Analyst Ratings Changes

Several brokerages have recently commented on WTB. Berenberg Bank decreased their price objective on Whitbread from GBX 4,000 ($50.46) to GBX 3,900 ($49.20) and set a “buy” rating for the company in a report on Tuesday, December 10th. Shore Capital reissued a “buy” rating on shares of Whitbread in a report on Thursday, January 16th. One investment analyst has rated the stock with a hold rating and four have given a buy rating to the company. According to MarketBeat.com, Whitbread currently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 2,713.33 ($34.23).

Whitbread Stock Performance

The firm has a 50-day moving average of GBX 2,875.04 and a 200-day moving average of GBX 2,952.62. The company has a current ratio of 0.96, a quick ratio of 1.74 and a debt-to-equity ratio of 33.18. The stock has a market capitalization of £4.72 billion, a price-to-earnings ratio of 20.46, a P/E/G ratio of -3.09 and a beta of 1.11.

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.