Whitbread (OTCMKTS:WTBDY) Trading Down 1.3% - Here's Why

Key Points

• Whitbread PLC saw its stock decrease by 1.3%, closing at $10.57, with trading volume significantly down at 1,241 shares compared to the average of 2,428 shares.
• Equities research analysts maintain a positive outlook on Whitbread, with Morgan Stanley and Citigroup both issuing ratings of "overweight" and "buy," respectively.
• Whitbread operates hotels and restaurants across multiple brands in the UK and internationally, including Premier Inn and Brewers Fayre.

Whitbread PLC - Sponsored ADR (OTCMKTS:WTBDY - Get Free Report) traded down 1.3% during trading on Tuesday . The company traded as low as $10.57 and last traded at $10.57. 1,241 shares traded hands during mid-day trading, a decline of 49% from the average session volume of 2,428 shares. The stock had previously closed at $10.71.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on WTBDY shares. Morgan Stanley reissued an "overweight" rating on shares of Whitbread in a research report on Wednesday, September 3rd. Citigroup reiterated a "buy" rating on shares of Whitbread in a report on Thursday, August 21st. Three analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, Whitbread has an average rating of "Buy".

Whitbread Price Performance

The firm's fifty day simple moving average is $10.50 and its 200 day simple moving average is $9.56.

Whitbread Company Profile

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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