Whitbread (LON:WTB) Rating Lowered to Neutral at The Goldman Sachs Group

The Goldman Sachs Group cut shares of Whitbread (LON:WTB) to a neutral rating in a research report sent to investors on Wednesday, Marketbeat.com reports.

Several other research firms have also recently commented on WTB. JPMorgan Chase & Co. reissued an overweight rating and set a GBX 4,200 ($55.48) price target on shares of Whitbread in a research note on Tuesday, June 25th. Berenberg Bank reduced their price objective on Whitbread from GBX 4,200 ($55.48) to GBX 4,000 ($52.84) and set a buy rating on the stock in a report on Wednesday, May 29th. Jefferies Financial Group lifted their target price on Whitbread from GBX 39 ($0.52) to GBX 40 ($0.53) and gave the company a buy rating in a research note on Tuesday, August 20th. Finally, Shore Capital reaffirmed a buy rating on shares of Whitbread in a research note on Tuesday, June 18th. One research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. According to MarketBeat.com, the company currently has an average rating of Moderate Buy and an average price target of GBX 2,746.67 ($36.28).

Whitbread Stock Down 0.7 %

Shares of LON:WTB opened at GBX 3,146 ($41.56) on Wednesday. The company has a quick ratio of 1.74, a current ratio of 1.02 and a debt-to-equity ratio of 144.72. The firm has a market cap of £5.62 billion, a P/E ratio of 1,966.25, a P/E/G ratio of -3.09 and a beta of 1.11. Whitbread has a 12 month low of GBX 2,723 ($35.97) and a 12 month high of GBX 3,714 ($49.06). The company’s 50-day moving average price is GBX 2,907.28 and its two-hundred day moving average price is GBX 3,022.43.

Whitbread Company Profile

Whitbread plc operates hotels and restaurants in the United Kingdom, Germany, and internationally. It operates hotels with rooms in the United Kingdom; Middle East; and Germany under the Premier Inn, ZIP by Premier Inn, and hub by Premier Inn brands. The company operates restaurants under the Brewers Fayre, Beefeater, Cookhouse & Pub, Bar+Block Steakhouse, Thyme, and Table Table brands in the United Kingdom.