By Michele Maatouk
Date: Friday 15 Sep 2023
LONDON (ShareCast) - (Sharecast News) - Barclays said on Friday that Premier Inn owner Whitbread is its "preferred pick" in the leisure sector.
It said: "We believe UK RevPAR (revenue per available room) strength is more sustainable than the market expects when we reflect on: 1) optimistic spend intentions from our latest consumer survey, 2) constrained supply, 3) UK pricing still 13% below 2007 peak in real terms and 4) Premier Inn's own pricing opportunity."
Barclays rates the shares at 'overweight' with a 4,250p price target.
Email this article to a friend
or share it with one of these popular networks:
Currency | UK Pounds |
Share Price | 3,099.00p |
Change Today | -68.00p |
% Change | -2.15 % |
52 Week High | 3,678.00 |
52 Week Low | 3,028.00 |
Volume | 1,066,791 |
Shares Issued | 184.45m |
Market Cap | £5,716m |
RiskGrade | 219 |
Value |
---|
Price Trend |
---|
Income |
---|
Growth |
---|
Strong Buy | 7 |
Buy | 8 |
Neutral | 4 |
Sell | 1 |
Strong Sell | 0 |
Total | 20 |
Latest | Previous | |
---|---|---|
Final | Interim | |
Ex-Div | 23-May-24 | 02-Nov-23 |
Paid | 05-Jul-24 | 08-Dec-23 |
Amount | 62.90p | 34.10p |
Time | Volume / Share Price |
17:13 | 600 @ 3,121.67p |
15:33 | 0 @ 3,108.00p |
16:36 | 19,455 @ 3,099.39p |
16:35 | 2,585 @ 3,099.00p |
16:35 | 362,074 @ 3,099.00p |
Chair | Adam Crozier |
CFO | Hemant Patel |
CEO | Dominic Paul |
You are here: research