Whitbread (WTB)

Sector:

Tourism and Leisure Services

Index:

FTSE 100

2,875.00p
   
  • Change Today:
    -6.00p
  • 52 Week High: 3,676.00p
  • 52 Week Low: 2,768.00p
  • Currency: UK Pounds
  • Shares Issued: 176.21m
  • Volume: 951,437
  • Market Cap: £5,066m
  • RiskGrade: 219
  • Beta: 1.00

Berenberg says markets wrong to price in continued fall in demand at Whitbread

By Alexander Bueso

Date: Wednesday 26 Jun 2024

LONDON (ShareCast) - (Sharecast News) - Analysts at Berenberg kept their recommendation for Whitbread at 'buy', arguing that markets were wrong to price in a continued drop in demand.
The supply/demand balance in the UK continued to be favourable and the company's Accelerating Growth Plan was capable of driving "strong" growth in profit before tax into the medium-term.

So too, the German operations were headed towards breakeven and the Euro 2024 championships would help to raise the brand awareness of Premier Inn.

The shares' valuation was also supportive.

Berenberg judged the 13.9 price-to-earnings multiple that the shares were trading on to be "too cheap" given the quality of its outlook.

The broker kept its target price at 4,000.0p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Whitbread Market Data

Currency UK Pounds
Share Price 2,875.00p
Change Today -6.00p
% Change -0.21 %
52 Week High 3,676.00p
52 Week Low 2,768.00p
Volume 951,437
Shares Issued 176.21m
Market Cap £5,066m
Beta 1.00
RiskGrade 219

Whitbread Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
51.35% below the market average51.35% below the market average51.35% below the market average51.35% below the market average51.35% below the market average
29.41% below the sector average29.41% below the sector average29.41% below the sector average29.41% below the sector average29.41% below the sector average
Price Trend
1.57% below the market average1.57% below the market average1.57% below the market average1.57% below the market average1.57% below the market average
28.3% below the sector average28.3% below the sector average28.3% below the sector average28.3% below the sector average28.3% below the sector average
Income
19.78% above the market average19.78% above the market average19.78% above the market average19.78% above the market average19.78% above the market average
57.89% above the sector average57.89% above the sector average57.89% above the sector average57.89% above the sector average57.89% above the sector average
Growth Not Available

What The Brokers Say

Strong Buy 7
Buy 7
Neutral 4
Sell 1
Strong Sell 0
Total 19
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Whitbread Dividends

  Latest Previous
  Interim Final
Ex-Div 31-Oct-24 23-May-24
Paid 06-Dec-24 05-Jul-24
Amount 34.60p 62.90p

Trades for 21-Nov-2024

Time Volume / Share Price
15:37 16 @ 2,876.00p
16:49 114 @ 2,875.00p
16:37 49,007 @ 2,875.00p
16:29 191 @ 2,884.00p
16:29 110 @ 2,884.00p

Whitbread Key Personnel

Chair Adam Crozier
CFO Hemant Patel
CEO Dominic Paul

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