Whitbread (LON:WTB) had its target price decreased by Barclays from GBX 5,000 ($65.33) to GBX 4,700 ($61.41) in a report released on Thursday morning, ThisIsMoney.Co.Uk reports. Barclays currently has an overweight rating on the stock.

WTB has been the subject of a number of other research reports. Shore Capital reissued a hold rating on shares of Whitbread in a research note on Monday, July 22nd. Deutsche Bank raised their price objective on Spirit Airlines from $75.00 to $79.00 and gave the company a buy rating in a research note on Friday, July 12th. Goldman Sachs Group set a GBX 6,870 ($89.77) price objective on Reckitt Benckiser Group and gave the company a neutral rating in a research note on Tuesday, June 25th. Royal Bank of Canada restated a buy rating and issued a $2.50 target price on shares of in a report on Thursday, July 18th. Finally, UBS Group upgraded to a neutral rating and raised their target price for the company from GBX 945 ($12.35) to GBX 2,060 ($26.92) in a report on Thursday, June 20th. One investment analyst has rated the stock with a sell rating, eleven have assigned a hold rating and four have issued a buy rating to the company. Whitbread presently has an average rating of Hold and an average price target of GBX 4,976.92 ($65.03).

Shares of Whitbread stock opened at GBX 4,554 ($59.51) on Thursday. The company has a quick ratio of 5.77, a current ratio of 5.90 and a debt-to-equity ratio of 13.31. Whitbread has a 52 week low of GBX 3,870 ($50.57) and a 52 week high of GBX 5,162 ($67.45). The firm has a 50 day moving average price of GBX 4,700.56. The firm has a market capitalization of $7.92 billion and a PE ratio of 2.24.

The firm also recently declared a dividend, which was paid on Friday, July 5th. Investors of record on Thursday, May 30th were issued a dividend of GBX 67 ($0.88) per share. This is a positive change from Whitbread’s previous dividend of $32.70. This represents a yield of 1.5%. The ex-dividend date of this dividend was Thursday, May 30th. Whitbread’s dividend payout ratio (DPR) is 0.05%.

In related news, insider Nicholas Cadbury sold 12,665 shares of Whitbread stock in a transaction on Friday, June 28th. The stock was sold at an average price of GBX 4,620 ($60.37), for a total transaction of £585,123 ($764,566.84). Also, insider Louise Smalley sold 232 shares of Whitbread stock in a transaction on Tuesday, May 28th. The stock was sold at an average price of GBX 4,588 ($59.95), for a total value of £10,644.16 ($13,908.48). Insiders have sold 22,863 shares of company stock worth $104,689,270 over the last quarter.

Whitbread Company Profile

Whitbread PLC operates hotels, restaurants, and coffee shops. The company operates through two segments, Premier Inn and Costa. It operates approximately 785 hotels with 72,466 rooms in the United Kingdom, as well as hotels under the Premier Inn brand name; hotels under the hub by Premier Inn brand name in the United Kingdom; and restaurants under the Brewers Fayre, Beefeater Grill, Bar+Block, and Table Table brands.

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Analyst Recommendations for Whitbread (LON:WTB)

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