Whitbread PLC Sponsored ADR (WTBDY)
Citi rates Whitbread ‘buy' with £33 target amid activist scrutiny
Citi has rated Whitbread PLC (LSE:WTB), the owner of the Premier Inn hotel chain, a 'buy' with a target price of £33 after meeting management to discuss the company's new five-year plan. The bank says activist involvement at Whitbread highlights a tension between some public market investors and listed companies that own the properties from which they operate.
Whitbread plc (WTBDY) Q2 2027 Earnings Call Transcript
Whitbread plc (WTBDY) Q2 2027 Earnings Call Transcript
Whitbread plc (WTBDY) Q2 2027 Earnings Call Prepared Remarks Transcript
Whitbread plc (WTBDY) Q2 2027 Earnings Call Prepared Remarks Transcript
Whitbread H1 Earnings Call Highlights
Whitbread LON: WTB said strong UK trading and cost-control measures supported first-half performance, while its German business continued to expand and remained on track for profitability this year.
Whitbread shares rise 4% as brokers flag stronger trading and upgrade potential
Whitbread PLC (LSE:WTB) shares rose as much as 4% to an intraday high of 2,600p after stronger trading at Premier Inn prompted brokers to point to scope for higher profit forecasts. Jefferies, which has a 'hold' rating and a 2,250p price target, said first-half adjusted pre-tax profit of £287 million beat consensus by 4%, while revenue increased 2% to £1.57 billion.
What Whitbread (WTB) Said on Its H1 Earnings Call
Whitbread LON: WTB reported higher first-half revenue and EBITDAR as accommodation sales growth in the U.K. and Germany and cost-efficiency measures offset inflationary pressures and an expected decline in food-and-beverage revenue related to its Accelerating Growth Plan.
Whitbread urges shareholders to reject Corvex board nominee
Whitbread PLC (LSE:WTB), the owner of Premier Inn, has urged shareholders to reject a proposal from activist investor Corvex Management to appoint its chosen director to the company's board. Whitbread published a shareholder circular on Tuesday ahead of a general meeting Corvex requisitioned to consider the proposed appointment.
Whitbread first-half profit forecast 4.2% above market consensus, says Citi
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-quarter data pointing to continued positive momentum.
Jefferies raises Whitbread target to 2,250p but sticks to cautious 'hold' stance
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's turnaround is right thing to do, says broker, but warns road could be bumpy
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: Estate Disposals Should Deliver 15% Annual Return
Generous share buybacks and dividends enhance shareholder returns for Whitbread. Significant upside potential exists from unlocking or monetizing real estate value. Capital allocation strategy prioritizes both direct returns and asset value realization.
Whitbread plc (WTBDY) Q1 2027 Sales/Trading Call Transcript
Whitbread plc (WTBDY) Q1 2027 Sales/Trading Call Transcript
