Whitbread is a hotel and restaurant group. The Company operates businesses in budget hotels, restaurants and coffee shops. Among its brand we can find Costa and Premier Inn.
The quite high levels of valuation show the interest of investors for this company. Analysts polled by Thomson Reuters are very confident in the stock and they forecast earnings per share in a range between GBP 1.43 and 1.59 for the coming two years.
Graphically, the security is up 35% since the 1st January. It seems able to continue this uptrend supported by moving averages and will soon test the GBp 2165 mid-term resistance. We anticipate a crossing of this level, given the upward orientation of the stock in the medium and long term. Above GBp 2165, a buy signal will be given, with a target price of of GBp 2490 in order to repeat last bullish acceleration.
Therefore, investors could take a long position in Whitbread, on crossing of the GBp 2165 mid-term resistance. A stop loss should be placed at GBp 2150.
Whitbread PLC is a leading British hotel, restaurant, and coffee shops. Net sales break down by activity as follows:
- hotel operations (72.2%; No. 1 in the United Kingdom): owns, as of 02/03/2023, 898 hotels under the Premier Inn brand, mainly located in the United Kingdom (847; 83,500 rooms) and Germany (51; 9,000 rooms) ;
- operation of restaurants (27.8%): owns 800 restaurants and pubs under the Premier Inn, Beefeater, Brewers Fayre, Table Table, Cookhouse & Pub, Bar+Block and Thyme brands;
- other (0.4%).
Net sales are distributed geographically as follows: the United Kingdom and Ireland (94.8%), Germany (4.5%) and other (0.7%).
WHITBREAD PLC 
