Kal Atwal Acquires 1,130 Shares of Whitbread plc (LON:WTB) Stock

Whitbread plc (LON:WTB) insider Kal Atwal purchased 1,130 shares of the stock in a transaction on Thursday, February 20th. The stock was acquired at an average cost of GBX 2,621 ($32.98) per share, with a total value of £29,617.30 ($37,268.53).

Whitbread Price Performance

Shares of Whitbread stock traded up GBX 7 ($0.09) on Thursday, reaching GBX 2,623 ($33.01). The company’s stock had a trading volume of 614,910 shares, compared to its average volume of 901,016. The company has a market capitalization of £4.68 billion, a P/E ratio of 20.28, a PEG ratio of -3.09 and a beta of 1.11. Whitbread plc has a 52-week low of GBX 2,602 ($32.74) and a 52-week high of GBX 3,614 ($45.48). The stock has a 50-day moving average price of GBX 2,864.10 and a 200-day moving average price of GBX 2,948.35. The company has a quick ratio of 1.74, a current ratio of 0.96 and a debt-to-equity ratio of 33.18.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on WTB shares. Berenberg Bank decreased their target price on Whitbread from GBX 4,000 ($50.33) to GBX 3,900 ($49.08) and set a “buy” rating for the company in a report on Tuesday, December 10th. Shore Capital reaffirmed a “buy” rating on shares of Whitbread in a report on Thursday, January 16th. One equities research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat, Whitbread has an average rating of “Moderate Buy” and an average target price of GBX 2,713.33 ($34.14).

About Whitbread

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.