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Home / Stocks and Markets at Lows / Whitbread PLC (WTB.L) 25-10-19

This report is not a personal recommendation and does not take into account your personal circumstances or appetite for risk.

Whitbread PLC (WTB.L) 25-10-19

Shares in Whitbread PLC (WTB.L) have fallen dramatically from recent highs of 5106p. Will it continue, or is this an opportunity to pick up a bargain?

 

  • This stock is one of the more significant fallers in the period.
  • Bargain hunters should be mindful of fundamentals and events, which can influence price action. Check our website and news outlets for updates.
  • Is the trend your friend, or is a bounce imminent?
  • The market often over-reacts to bad news. Traders should consider whether it is down for good reason, or is this another over-reaction?
  • Now trading at 4052p (at time of writing). A return to previous highs would represent a rise of 26%.
  • Shares -20% from 12-month highs; +1% from 12 month lows.

Latest News

24 Oct:  Bernstein has upgraded its rating on Whitbread (WTB) to market perform (from underperform).

23 Oct:  HSBC reiterates its hold rating on Whitbread (WTB) and reduced the target price to 4600p (from 4900p).

22 Oct:  Whitbread, owner of the the Premier Inn hotel chain, announced a 7.1% decline in H1 profits, due to political uncertainty in the UK and the subsequent reduced demand for domestic travel.

15 Oct:  UBS has upgraded its rating on Whitbread (WTB) to buy (from neutral).

Source: Bloomberg, Reuters, Alpha Terminal, FT, DJ Newswires

 

Click to enlarge

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