Whitbread PLC – Sponsored ADR (OTCMKTS:WTBDY) Receives Average Rating of “Moderate Buy” from Analysts

Shares of Whitbread PLC – Sponsored ADR (OTCMKTS:WTBDY) have been assigned an average rating of “Moderate Buy” from the six brokerages that are currently covering the firm, Marketbeat reports. One analyst has rated the stock with a sell recommendation, two have given a hold recommendation, two have issued a buy recommendation and one has given a strong buy recommendation to the company.

A number of brokerages have issued reports on WTBDY. Jefferies Financial Group lowered Whitbread from a “buy” rating to a “hold” rating in a research note on Friday, December 12th. Citigroup reiterated a “buy” rating on shares of Whitbread in a research note on Thursday, January 15th. Finally, Morgan Stanley reiterated an “overweight” rating on shares of Whitbread in a research note on Wednesday, January 14th.

Whitbread Trading Up 1.0%

Shares of WTBDY stock opened at $8.02 on Tuesday. Whitbread has a 52-week low of $7.41 and a 52-week high of $11.06. The stock has a fifty day simple moving average of $8.54 and a two-hundred day simple moving average of $9.07.

Whitbread Company Profile

Whitbread plc is a UK-based hospitality company primarily engaged in hotel and restaurant operations. Its flagship brand, Premier Inn, is one of the largest budget hotel chains in the United Kingdom, offering standardized accommodation across city centre and suburban locations. In addition to hotels, Whitbread operates a portfolio of food and beverage outlets, including family-oriented restaurants and pubs that cater to both leisure and business travellers.

The company’s hotel portfolio comprises hundreds of properties in the UK, alongside an established presence in Germany and select international markets under the Premier Inn banner.