On Tuesday, research analysts at Jefferies Financial Group reportedly confirmed that they would maintain their “buy” rating for the stock of Whitbread.
The information was provided by Bloomberg (LON: WTB).
The price target they have set for the company at the moment is GBX 3,500, equivalent to $42.49. Jefferies Financial Group has provided a target price for the stock, which was determined by assuming that there is a possibility of a 15.09% gain in value from the stock’s current price.
The WTB has been the subject of investigation in several additional studies that have been conducted. JPMorgan Chase & Co reaffirmed their “overweight” rating on Whitbread shares and outlined a GBX 4,200 ($50.98) price objective for the company’s stock in a research note published on Monday, January 16.
The note was included in a research package distributed to investors.
The “buy” rating that Shore Capital had previously assigned to shares of Whitbread was reiterated in a research report released on December 15.
Barclays kept its “overweight” rating on the Whitbread share price and set a price objective of GBX 3,500 ($42.49) for the stock in a research note published on Thursday, October 27.
The note was made public.
In a research note distributed on Friday, October 21, Berenberg Bank reiterated its “buy” recommendation for Whitbread shares and set its price objective at GBX 4,000 ($48.56).
All of this information was included in conjunction with the price objective.
The research that Deutsche Bank Aktiengesellschaft published on Tuesday, November 1, reaffirmed a “buy” recommendation on shares of Whitbread and positioned them with a GBX 3,100 ($37.63) price objective.
In their most recent evaluations, nine experts in the field gave the stock buy ratings.
According to information made available by Bloomberg, the company is currently rated as having a consensus “buy” rating, and the price at which it is anticipated to reach this rating is GBX 3,690 (which is equivalent to 44.79 dollars).
The opening price of a share of Whitbread stock on Tuesday was GBX 3,041, which is equivalent to $36.91 in American currency.
The simple moving average for the last fifty days at the company is GBX 2,841.28, and the simple moving average for the last 200 days at the company is GBX 2,655.87.
The company’s market value is currently estimated to be 6.14 billion pounds, and its price-to-earnings ratio is 1,987.58.
The debt-to-equity ratio is determined to be 122.71; the current ratio is determined to be 1.77; the quick ratio is determined to be 1.74; and so on.
Throughout that period, the price of Whitbread fluctuated between a one-year low of GBP 2,245.51 ($27.26) and a one-year high of GBP 3,649.99 ($44.31).
On February 8, a Whitbread insider named Fumbi Chima purchased 957 shares of the company’s stock. Other news regarding Whitbread can be found here. Given that it was acquired at an average price of GBX 3,108 ($37.73) per share, the cost of the stock amounted to £29,743.56 ($36,105.32), which can be expressed as a dollar amount.
Whitbread plc is a multinational corporation that owns and operates hotels and restaurants in various countries, including but not limited to the United Kingdom, Germany, and other locations.
It operates approximately 841 hotels in the United Kingdom under the Premier Inn, ZIP by Premier Inn, and Hub by Premier Inn, which has 82,286 guest rooms.
In addition, it is responsible for managing 35 hotels in Germany and ten in the Middle East, which have a total of 5,875 guest rooms.