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WTB Whitbread News Story

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Consumer CyclicalsBalancedLarge CapNeutral

UK's Whitbread rises on strong UK bookings, steady outlook

BUZZ-UK's Whitbread rises on strong UK bookings, steady outlook

- ** UK's Premier Inn owner Whitbread WTB.L up 1.2% to 2,424p

** Says UK forward bookings remain ahead of last year on strong leisure demand; reports 2% growth in Q1 like-for-like sales

** Remains confident in its full-year outlook

** Of 20 analysts covering the stock, eight rate it "buy" or better, nine "hold" and three "sell" or worse; median PT at 2,565p - LSEG data

** Stock down nearly 5% YTD, including session gains


(Reporting by Amna Mariyam in Bengaluru)

((amna.mariyam@thomsonreuters.com; 8448625620))

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