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

by · The Cerbat Gem

Whitbread PLC – Sponsored ADR (OTCMKTS:WTBDY – Get Free Report)’s stock price gapped up before the market opened on Tuesday . The stock had previously closed at $7.79, but opened at $8.06. Whitbread shares last traded at $8.06, with a volume of 266 shares traded.

Wall Street Analyst Weigh In

Several brokerages have issued reports on WTBDY. Jefferies Financial Group downgraded shares of Whitbread from a “buy” rating to a “hold” rating in a research report on Friday. Peel Hunt upgraded Whitbread to a “strong-buy” rating in a research report on Thursday, October 16th. Sanford C. Bernstein downgraded Whitbread from a “strong-buy” rating to a “strong sell” rating in a research note on Friday, November 28th. Morgan Stanley reiterated an “overweight” rating on shares of Whitbread in a research note on Wednesday, September 3rd. Finally, Citigroup reissued a “buy” rating on shares of Whitbread in a report on Thursday, August 21st. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy”.

Read Our Latest Stock Report on WTBDY

Whitbread Stock Up 2.4%

The stock has a 50 day moving average of $9.35 and a two-hundred day moving average of $9.95.

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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