Whitbread plc (LON:WTB) Insider Purchases £29,617.30 in Stock

Whitbread plc (LON:WTB) insider Kal Atwal purchased 1,130 shares of the company’s stock in a transaction dated Thursday, February 20th. The shares were purchased at an average cost of GBX 2,621 ($33.11) per share, for a total transaction of £29,617.30 ($37,419.20).

Whitbread Stock Performance

Shares of WTB opened at GBX 2,648 ($33.46) on Friday. The stock’s 50-day simple moving average is GBX 2,851.65 and its 200 day simple moving average is GBX 2,945.87. The stock has a market capitalization of £4.73 billion, a price-to-earnings ratio of 20.48, a price-to-earnings-growth ratio of -3.09 and a beta of 1.11. The company has a debt-to-equity ratio of 33.18, a quick ratio of 1.74 and a current ratio of 0.96. Whitbread plc has a 52-week low of GBX 2,602 ($32.87) and a 52-week high of GBX 3,614 ($45.66).

Analyst Ratings Changes

A number of research analysts have recently commented on the company. Shore Capital reaffirmed a “buy” rating on shares of Whitbread in a research report on Thursday, January 16th. Berenberg Bank dropped their price objective on Whitbread from GBX 4,000 ($50.54) to GBX 3,900 ($49.27) and set a “buy” rating on the stock in a report on Tuesday, December 10th. One equities research analyst has rated the stock with a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat, Whitbread currently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 2,713.33 ($34.28).

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.