Whitbread (WTB)

Sector:

Tourism and Leisure Services

Index:

FTSE 100

3,051.00p
   
  • Change Today:
    -48.00p
  • 52 Week High: 3,678.00
  • 52 Week Low: 3,028.00
  • Currency: UK Pounds
  • Shares Issued: 184.37m
  • Volume: 183,076
  • Market Cap: £5,625m
  • RiskGrade: 219

Redburn downgrades Premier Inn owner Whitbread

By Michele Maatouk

Date: Tuesday 26 Sep 2023

LONDON (ShareCast) - (Sharecast News) - Redburn downgraded its stance on Premier Inn owner Whitbread on Tuesday to 'sell' from 'neutral', with a target price of 3,000p.
Redburn said consensus expectations for pricing versus 2019 are 20% higher for Whitbread than any other hotel group it covers.

"We argue the data suggests this is less due to supply restrictions than the company believes," it said.

"Whitbread is a superbly run business, with top-class cost control, but this isn't enough when we are 11% below consensus for RevPAR (revenue per available room) in 2026, which drops through to 16% at EBITDA."

At 1125 BST, the shares were down 1.7% at 3,517p.

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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 3,051.00p
Change Today -48.00p
% Change -1.55 %
52 Week High 3,678.00
52 Week Low 3,028.00
Volume 183,076
Shares Issued 184.37m
Market Cap £5,625m
RiskGrade 219

Whitbread Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
18.5% below the market average18.5% below the market average18.5% below the market average18.5% below the market average18.5% below the market average
1.96% above the sector average1.96% above the sector average1.96% above the sector average1.96% above the sector average1.96% above the sector average
Price Trend
3.74% below the market average3.74% below the market average3.74% below the market average3.74% below the market average3.74% below the market average
7.14% below the sector average7.14% below the sector average7.14% below the sector average7.14% below the sector average7.14% below the sector average
Income
17.84% below the market average17.84% below the market average17.84% below the market average17.84% below the market average17.84% below the market average
10% below the sector average10% below the sector average10% below the sector average10% below the sector average10% below the sector average
Growth
90.77% above the market average90.77% above the market average90.77% above the market average90.77% above the market average90.77% above the market average
96.23% above the sector average96.23% above the sector average96.23% above the sector average96.23% above the sector average96.23% above the sector average

What The Brokers Say

Strong Buy 7
Buy 8
Neutral 4
Sell 1
Strong Sell 0
Total 20
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
  Final Interim
Ex-Div 23-May-24 02-Nov-23
Paid 05-Jul-24 08-Dec-23
Amount 62.90p 34.10p

Trades for 02-May-2024

Time Volume / Share Price
10:35 38 @ 3,051.00p
10:35 100 @ 3,050.51p
10:35 60 @ 3,048.47p
10:34 30 @ 3,048.00p
10:33 33 @ 3,049.00p

Whitbread Key Personnel

Chair Adam Crozier
CFO Hemant Patel
CEO Dominic Paul

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