Whitbread (OTCMKTS:WTBDY) Sees Unusually-High Trading Volume – What’s Next?

Whitbread PLC – Sponsored ADR (OTCMKTS:WTBDY – Get Free Report) saw strong trading volume on Monday. Approximately 25,601 shares traded hands during mid-day 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.

Analysts Set New Price Targets

WTBDY has been the subject of several research reports. Citigroup reaffirmed a “buy” rating on shares of Whitbread in a research note on Friday, August 21st. Jefferies Financial Group reissued a “hold” rating on shares of Whitbread in a research note on Tuesday, August 25th. 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 assigned a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy”.

Read Our Latest Analysis on WTBDY

Whitbread Price Performance

The firm’s 50-day moving average price is $8.07 and its 200 day moving average price is $8.01.

Whitbread Company Profile

(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.

Featured Articles

Receive News & Ratings for Whitbread Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Whitbread and related companies with MarketBeat.com's FREE daily email newsletter.