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

by · The Cerbat Gem

Whitbread PLC – Sponsored ADR (OTCMKTS:WTBDY – Get Free Report) saw strong trading volume on Tuesday . 53,368 shares changed hands during trading, an increase of 184% from the previous session’s volume of 18,807 shares.The stock last traded at $7.9155 and had previously closed at $7.80.

Analyst Ratings Changes

WTBDY has been the subject of several research reports. Morgan Stanley reiterated an “overweight” rating on shares of Whitbread in a research report on Wednesday, September 3rd. Sanford C. Bernstein lowered shares of Whitbread from a “strong-buy” rating to a “strong sell” rating in a research report on Friday, November 28th. Peel Hunt upgraded Whitbread to a “strong-buy” rating in a report on Thursday, October 16th. Citigroup reissued a “buy” rating on shares of Whitbread in a research report on Thursday, August 21st. Finally, Deutsche Bank Aktiengesellschaft lowered shares of Whitbread from a “buy” rating to a “hold” rating in a research note on Wednesday, December 3rd. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Whitbread presently has an average rating of “Moderate Buy”.

Check Out Our Latest Stock Report on Whitbread

Whitbread Stock Performance

The stock has a 50-day moving average of $9.47 and a 200 day moving average of $9.97.

About Whitbread

(Get Free Report)

Whitbread plc operates hotels and restaurants in the United Kingdom, Germany, and internationally. It operates hotels under the Premier Inn, ZIP by Premier Inn, and hub by Premier Inn brands. The company operates restaurants under the Brewers Fayre, Beefeater, Cookhouse & Pub, Bar+Block Steakhouse, Thyme, and Table Table brands in the United Kingdom.

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