tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Whitbread CTO Exercises Share Options Under Retention Scheme

Story Highlights
Whitbread CTO Exercises Share Options Under Retention Scheme

TipRanks Cyber Monday Sale

The latest announcement is out from Whitbread ( (GB:WTB) ).

Whitbread PLC announced a transaction involving Mark Smith, the Chief Technology Officer, who exercised a nil-cost option over 9,295 shares under the company’s recruitment and retention scheme. He sold 4,377 of these shares to cover tax and NIC liabilities while retaining 4,918 shares. This transaction reflects the company’s ongoing efforts to retain key personnel through incentive schemes, potentially impacting its operational stability and stakeholder confidence.

The most recent analyst rating on (GB:WTB) stock is a Hold with a £26.25 price target. To see the full list of analyst forecasts on Whitbread stock, see the GB:WTB Stock Forecast page.

Spark’s Take on GB:WTB Stock

According to Spark, TipRanks’ AI Analyst, GB:WTB is a Neutral.

Whitbread’s overall stock score reflects strong financial performance and a reasonable valuation, but is tempered by weak technical indicators. The company’s robust profitability and stable cash flow are significant strengths, while bearish market momentum and leverage concerns present risks.

To see Spark’s full report on GB:WTB stock, click here.

More about Whitbread

Whitbread PLC operates in the hospitality industry, primarily focusing on hotels and restaurants. It is known for its Premier Inn hotel chain and various restaurant brands, catering to a wide range of customers across the UK and internationally.

Average Trading Volume: 658,869

Technical Sentiment Signal: Sell

Current Market Cap: £4.19B

For a thorough assessment of WTB stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1