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Whitbread (OTCMKTS:WTBDY) Shares Up 3% - What's Next?

Whitbread logo with Consumer Cyclical background

Key Points

  • Whitbread PLC shares rose by 3%, closing at $10.84, despite a decrease in trading volume by 92% compared to average session volume.
  • Citigroup reaffirmed a "buy" rating for Whitbread, contributing to an overall average rating of "buy" from research analysts.
  • The company's fifty-day moving average price is $10.16, and its 200-day moving average price is $9.22, indicating a potential for growth ahead.
  • Five stocks we like better than Whitbread.

Whitbread PLC - Sponsored ADR (OTCMKTS:WTBDY - Get Free Report)'s share price traded up 3% during trading on Friday . The company traded as high as $10.84 and last traded at $10.84. 369 shares changed hands during mid-day trading, a decline of 92% from the average session volume of 4,548 shares. The stock had previously closed at $10.53.

Wall Street Analyst Weigh In

Separately, Citigroup restated a "buy" rating on shares of Whitbread in a research report on Thursday, August 21st. Two equities research analysts have rated the stock with a Buy rating, According to MarketBeat, the company has an average rating of "Buy".

Read Our Latest Stock Report on WTBDY

Whitbread Price Performance

The stock has a 50 day moving average price of $10.27 and a 200-day moving average price of $9.28.

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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