Whitbread plc (LON:WTB – Get Free Report) reached a new 52-week low on Friday . The company traded as low as GBX 3,031 ($37.73) and last traded at GBX 3,039 ($37.83), with a volume of 520005 shares. The stock had previously closed at GBX 3,085 ($38.40).
Wall Street Analyst Weigh In
Separately, Shore Capital reaffirmed a “buy” rating on shares of Whitbread in a research note on Tuesday, March 5th. Eight investment analysts have rated the stock with a buy rating, Based on data from MarketBeat, Whitbread presently has a consensus rating of “Buy” and a consensus target price of GBX 4,154 ($51.71).
Read Our Latest Stock Report on WTB
Whitbread Trading Down 0.8 %
Insider Buying and Selling
In other news, insider Shelley Roberts bought 417 shares of the company’s stock in a transaction that occurred on Thursday, February 1st. The shares were acquired at an average price of GBX 3,575 ($44.50) per share, for a total transaction of £14,907.75 ($18,558.14). 3.97% of the stock is currently owned by insiders.
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.
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