Whitbread plc (LON:WTB) Plans GBX 34.60 Dividend

Whitbread plc (LON:WTB) announced a dividend on Wednesday, October 16th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, October 31st will be given a dividend of GBX 34.60 ($0.45) per share on Friday, December 6th. This represents a yield of 1.13%. The ex-dividend date of this dividend is Thursday, October 31st. The official announcement can be seen at this link.

Whitbread Trading Down 0.6 %

LON:WTB opened at GBX 3,239 ($42.30) on Thursday. Whitbread has a 1 year low of GBX 2,723 ($35.56) and a 1 year high of GBX 3,714 ($48.50). The stock has a market cap of £5.78 billion, a P/E ratio of 2,036.25, 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. The stock has a 50-day simple moving average of GBX 2,973.70 and a 200-day simple moving average of GBX 3,011.15.

Analyst Ratings Changes

A number of brokerages recently issued reports on WTB. Shore Capital reaffirmed a “buy” rating on shares of Whitbread in a report on Wednesday. The Goldman Sachs Group cut shares of Whitbread to a “neutral” rating in a report on Wednesday, September 18th. JPMorgan Chase & Co. reaffirmed an “overweight” rating and issued a GBX 4,200 ($54.84) target price on shares of Whitbread in a research report on Tuesday, June 25th. Finally, Jefferies Financial Group boosted their price target on shares of Whitbread from GBX 39 ($0.51) to GBX 40 ($0.52) and gave the company a “buy” rating in a research report on Tuesday, August 20th. One research analyst has rated the stock with a hold rating and four have assigned a buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of GBX 2,746.67 ($35.87).

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.