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Whitbread re-rating yet to materialise despite clear progress

The new growth plan could supercharge profits if it comes off
Whitbread (WTB) £31.76 Loss to date: 8.5% When we initially recommended buying Premier Inn owner Whitbread (WTB) last summer our thesis was the shares were too cheap given the firm’s prospects and the renaissance in travel in general. Throw in an element of self-help, such as the sale of certain low-yielding assets, and we expected the market to come to its senses and re-rate the company’s shares. !function(){"use strict";window.addEventListener("message",(function(a){if(void...

02 May 2024

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