Deutsche Bank Aktiengesellschaft Reiterates Buy Rating for Whitbread (LON:WTB)

Whitbread (LON:WTB)‘s stock had its “buy” rating reissued by equities research analysts at Deutsche Bank Aktiengesellschaft in a report released on Thursday, Price Targets.com reports. They currently have a GBX 3,800 ($51.58) price target on the stock. Deutsche Bank Aktiengesellschaft’s price target points to a potential upside of 22.94% from the company’s previous close.

A number of other research firms have also recently issued reports on WTB. Morgan Stanley increased their target price on Whitbread from GBX 3,700 ($50.22) to GBX 3,800 ($51.58) and gave the stock an “overweight” rating in a report on Wednesday, October 27th. Shore Capital restated a “buy” rating on shares of Whitbread in a report on Tuesday. Peel Hunt restated a “buy” rating and issued a GBX 3,600 ($48.87) price objective on shares of Whitbread in a report on Monday, October 25th. Peel Hunt restated a “buy” rating and issued a GBX 3,600 ($48.87) price objective on shares of Whitbread in a report on Monday, October 25th. Finally, Barclays restated an “overweight” rating and issued a GBX 4,000 ($54.30) price objective on shares of Whitbread in a report on Thursday. One research analyst has rated the stock with a hold rating and nine have assigned a buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Buy” and a consensus price target of GBX 3,715.56 ($50.44).

WTB stock opened at GBX 3,091 ($41.96) on Thursday. The stock has a 50-day moving average price of GBX 3,013.50 and a two-hundred day moving average price of GBX 3,126.93. The stock has a market cap of £6.24 billion and a PE ratio of -21.95. The company has a current ratio of 1.80, a quick ratio of 1.75 and a debt-to-equity ratio of 113.98. Whitbread has a 1 year low of GBX 2,672.02 ($36.27) and a 1 year high of GBX 3,949.01 ($53.60).

In other Whitbread news, insider Alison Brittain sold 6,084 shares of the firm’s stock in a transaction that occurred on Tuesday, November 23rd. The shares were sold at an average price of GBX 3,012 ($40.89), for a total transaction of £183,250.08 ($248,744.51).

About Whitbread

Whitbread plc operates hotels and restaurants in the United Kingdom, Germany, and internationally. It operates approximately 857 hotels with 78,718 rooms in the United Kingdom; and 4,880 rooms in Germany under the Premier Inn, ZIP by Premier Inn, and hub by Premier Inn brands; and 768 restaurants under the Brewers Fayre, Beefeater, Whitbread Inns, Cookhouse & Pub, Bar+Block Steakhouse, Thyme, and Table Table brands.

Featured Article: What is net income?

Analyst Recommendations for Whitbread (LON:WTB)

Receive News & Ratings for Whitbread Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Whitbread and related companies with MarketBeat.com's FREE daily email newsletter.