Insider Buying: Whitbread plc (LON:WTB) Insider Buys 1,130 Shares of Stock

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

Whitbread Stock Up 0.3 %

Shares of Whitbread stock traded up GBX 7 ($0.09) during trading on Thursday, hitting GBX 2,623 ($33.01). 614,910 shares of the stock traded hands, compared to its average volume of 901,016. The firm has a market cap of £4.68 billion, a P/E ratio of 20.28, a price-to-earnings-growth ratio of -3.09 and a beta of 1.11. The company has a current ratio of 0.96, a quick ratio of 1.74 and a debt-to-equity ratio of 33.18. 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’s fifty day simple moving average is GBX 2,864.10 and its 200 day simple moving average is GBX 2,948.35.

Analyst Ratings Changes

A number of analysts have weighed in on WTB shares. Berenberg Bank reduced their target price on Whitbread from GBX 4,000 ($50.33) to GBX 3,900 ($49.08) and set a “buy” rating on the stock in a research note on Tuesday, December 10th. Shore Capital reiterated a “buy” rating on shares of Whitbread in a research note on Thursday, January 16th. One research analyst has rated the stock with a hold rating and four have given a buy rating to the company. According to MarketBeat.com, Whitbread has an average rating of “Moderate Buy” and an average price target 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.