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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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Whitbread - Broker has price target of 4650p

June 2014

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

  • Epic Code:
  • WTB
  • Price:
  • 4025p
With activities spanning budget hotels, affordable restaurants and coffee, Whitbread is a bellweather for consumer sentiment and there are clear signs that it is benefiting from a booming UK economy. Final results were ahead of expectations with revenues, pretax profit and eps rising 13%, 16.5% and 20% respectively to £2,294m, £412m and 177p. Strong cash flow of £601m funded capital spending of £306m and 20% dividend growth and net debt still fell by £80m to £391m. Its mainstay, hotels & restaurants, grew profits 11% to £348m on revenues that rose 10% to £1,490m. Premier Inn grew sales 13% to £968m with the number of rooms increased by 3,364 to 55,035. Impressively, the chain has grown market share in both London and ...

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With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

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