Whitbread PLC – Sponsored ADR (OTCMKTS:WTBDY) Given Average Recommendation of “Moderate Buy” by Brokerages

Whitbread PLC – Sponsored ADR (OTCMKTS:WTBDY) has been assigned a consensus recommendation of “Moderate Buy” from the six analysts that are covering the stock, Marketbeat reports. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating, two have given a buy rating and one has assigned a strong buy rating to the company.

Several equities research analysts have recently weighed in on the stock. Citigroup reissued a “buy” rating on shares of Whitbread in a research note on Thursday, January 15th. Morgan Stanley restated an “overweight” rating on shares of Whitbread in a report on Wednesday, January 14th. Finally, Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of Whitbread in a report on Wednesday.

Whitbread Trading Up 3.4%

Shares of WTBDY traded up $0.26 during midday trading on Wednesday, hitting $7.94. The stock had a trading volume of 14,634 shares, compared to its average volume of 35,199. Whitbread has a 1 year low of $7.42 and a 1 year high of $11.06. The stock’s 50 day moving average is $8.15 and its 200 day moving average is $8.73.

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.