Whitbread Stock News

Citi, the investment bank, forecasts adjusted pre-tax profit for Whitbread PLC (LSE:WTB)'s first half of the financial year ending February at 4.2% above market consensus, driven by slightly higher revenue and net cost phasing between the UK and Germany. The bank forecasts UK RevPAR growth of 2% for the financial year ending February 2027, ahead of the 1.5% consensus estimate, with second-quart...

Whitbread PLC (LSE:WTB) has secured an estimate upgrade from Jefferies, as resilient UK hotel demand prompted the broker to raise its price target while keeping its cautious rating intact. The shares climbed 1.13% to 2,503p as Jefferies maintained its 'hold' rating, noting that the valuation already reflects most of the headwinds, alongside limited near-term earnings power.

Whitbread PLC's (LSE:WTB) turnaround strategy offers a path to higher returns but could prove bumpier than investors expect, said Panmure Liberum, which is booked in for the ride but has cut its target price. The broker lowered its target price for the Premier Inn owner to 3,200p from 3,440p, but maintained a 'buy' recommendation.

Whitbread PLC (LSE:WTB) reported 2% growth in first-quarter sales as its Premier Inn hotels in the UK and Germany continued to outperform their respective markets. The hotelier reported total sales of £727 million in the 13 weeks to 28 May.