Whitbread (OTCMKTS:WTBDY) Shares Up 0.5% – Still a Buy?

Whitbread PLC – Sponsored ADR (OTCMKTS:WTBDYGet Free Report) shares shot up 0.5% on Monday . The company traded as high as $9.1950 and last traded at $9.18. 9,953 shares traded hands during trading, an increase of 47% from the average session volume of 6,758 shares. The stock had previously closed at $9.13.

Analysts Set New Price Targets

A number of analysts have issued reports on WTBDY shares. Citigroup reissued a “buy” rating on shares of Whitbread in a report on Thursday, August 21st. Peel Hunt raised Whitbread to a “strong-buy” rating in a report on Thursday, October 16th. Finally, Morgan Stanley reaffirmed an “overweight” rating on shares of Whitbread in a research note on Wednesday, September 3rd. One analyst has rated the stock with a Strong Buy rating and three have issued a Buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Buy”.

Read Our Latest Report on WTBDY

Whitbread Trading Up 0.1%

The firm has a 50-day moving average of $10.05 and a two-hundred day moving average of $10.08.

Whitbread Company Profile

(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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