Whitbread PLC – Sponsored ADR (OTCMKTS:WTBDY – Get Free Report)’s share price gapped up prior to trading on Wednesday . The stock had previously closed at $8.84, but opened at $9.29. Whitbread shares last traded at $9.29, with a volume of 3,819 shares.
Wall Street Analysts Forecast Growth
WTBDY has been the subject of a number of research analyst reports. Jefferies Financial Group cut Whitbread from a “buy” rating to a “hold” rating in a report on Friday, December 12th. Morgan Stanley restated an “overweight” rating on shares of Whitbread in a research report on Wednesday. Peel Hunt raised shares of Whitbread to a “strong-buy” rating in a research note on Thursday, October 16th. Deutsche Bank Aktiengesellschaft lowered shares of Whitbread from a “buy” rating to a “hold” rating in a research report on Wednesday, December 3rd. Finally, Sanford C. Bernstein lowered shares of Whitbread from a “strong-buy” rating to a “strong sell” rating in a report on Friday, November 28th. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, two have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, Whitbread has an average rating of “Moderate Buy”.
Check Out Our Latest Research Report on Whitbread
Whitbread Stock Down 0.3%
About Whitbread
Whitbread plc is a UK-based hospitality company primarily engaged in hotel and restaurant operations. Its flagship brand, Premier Inn, is one of the largest budget hotel chains in the United Kingdom, offering standardized accommodation across city centre and suburban locations. In addition to hotels, Whitbread operates a portfolio of food and beverage outlets, including family-oriented restaurants and pubs that cater to both leisure and business travellers.
The company’s hotel portfolio comprises hundreds of properties in the UK, alongside an established presence in Germany and select international markets under the Premier Inn banner.
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