Whitbread (OTCMKTS:WTBDY) Sees Large Volume Increase – Here’s What Happened

Whitbread PLC – Sponsored ADR (OTCMKTS:WTBDY – Get Free Report) shares saw an uptick in trading volume on Monday. Approximately 25,601 shares changed hands during trading, a decline of 5% from the previous session’s volume of 26,864 shares. The stock last traded at $8.17 and had previously closed at $8.0942.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on WTBDY. Jefferies Financial Group reiterated a “hold” rating on shares of Whitbread in a research report on Tuesday, August 25th. Citigroup reissued a “buy” rating on shares of Whitbread in a report on Friday, August 21st. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, Whitbread currently has an average rating of “Moderate Buy”.

View Our Latest Analysis on Whitbread

Whitbread Stock Up 2.7%

The company’s 50 day simple moving average is $8.06 and its 200 day simple moving average is $8.02.

About Whitbread

(Get Free Report)

Whitbread PLC is a British hospitality company best known for operating Premier Inn, the United Kingdom’s largest hotel brand. Premier Inn serves business and leisure travelers through hotels located in city centers, airports, transport hubs and popular tourist destinations, with accommodation offered across the United Kingdom and Germany.

In addition to its hotel operations, Whitbread runs a number of restaurant brands associated with its hotels, including Beefeater and Brewers Fayre.

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