Whitbread (WTB)

Sector:

Tourism and Leisure Services

Index:

FTSE 100

2,876.00p
   
  • Change Today:
      38.00p
  • 52 Week High: 3,317.00
  • 52 Week Low: 2,357.00
  • Currency: UK Pounds
  • Shares Issued: 188.30m
  • Volume: 23,614
  • Market Cap: £5,415m
  • RiskGrade: 219
  • Beta: 0.01

JPMorgan downgrades Whitbread to 'neutral', slashes price target

By Michele Maatouk

Date: Friday 07 Mar 2025

LONDON (ShareCast) - (Sharecast News) - JPMorgan Cazenove downgraded Premier Inn owner Whitbread on Friday to 'neutral' from 'overweight' and slashed the price target to 3,000p from 4,400p as it took a look at European hotel stocks.
The bank said it was reshuffling its preferences within hotels, revisiting its 'overweight' on France's Accor and downgrading Whitbread "on the back of a fragile UK consumer from lower income demographics".

"We become more selective with regards to our preferences, given sustained discrepancy between segments and geographies, further focusing on equity stories combining a solid RevPAR momentum and near-term positive catalysts," JPM said.

It made Accor its "top pick" and sole 'overweight', with more than 20% upside potential, as it said it benefits from the best set-up in terms of above peers average trading momentum and re-rating potential.

As far as Whitbread is concerned, JPM said that while the shares have been weak for over a year now, down around 20%, the UK consumer seems to have deteriorated lately following the UK budget, with particular weakness in retailers weighted into spending from lower income demographics.

It noted that Greggs, B&M European Value Retail and Dunelm all disappointed the market in recent statements, as well as Poundland and Primark UK.

At 0925 GMT, Whitbread shares were down 1.2% at 2,501p.

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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 2,876.00p
Change Today 38.00p
% Change 1.34 %
52 Week High 3,317.00
52 Week Low 2,357.00
Volume 23,614
Shares Issued 188.30m
Market Cap £5,415m
Beta 0.01
RiskGrade 219

Whitbread Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
37.74% above the market average37.74% above the market average37.74% above the market average37.74% above the market average37.74% above the market average
44.68% above the sector average44.68% above the sector average44.68% above the sector average44.68% above the sector average44.68% above the sector average
Price Trend
12.13% below the market average12.13% below the market average12.13% below the market average12.13% below the market average12.13% below the market average
8% below the sector average8% below the sector average8% below the sector average8% below the sector average8% below the sector average
Income
16.55% above the market average16.55% above the market average16.55% above the market average16.55% above the market average16.55% above the market average
42.86% above the sector average42.86% above the sector average42.86% above the sector average42.86% above the sector average42.86% above the sector average
Growth
1.41% below the market average1.41% below the market average1.41% below the market average1.41% below the market average1.41% below the market average
91.3% below the sector average91.3% below the sector average91.3% below the sector average91.3% below the sector average91.3% below the sector average

What The Brokers Say

Strong Buy 8
Buy 5
Neutral 7
Sell 0
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 22-May-25 31-Oct-24
Paid 04-Jul-25 06-Dec-24
Amount 60.60p 36.40p

Trades for 30-May-2025

Time Volume / Share Price
08:51 9 @ 2,876.00p
08:50 0 @ 2,876.00p
08:50 53 @ 2,877.00p
08:50 101 @ 2,877.00p
08:50 37 @ 2,877.00p

Whitbread Key Personnel

Chair Adam Crozier
CFO Hemant Patel
CEO Dominic Paul

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