Whitbread (OTCMKTS:WTBDY) Shares Gap Down – What’s Next?

Shares of Whitbread PLC – Sponsored ADR (OTCMKTS:WTBDY) gapped down prior to trading on Monday . The stock had previously closed at $9.23, but opened at $8.9120. Whitbread shares last traded at $8.9120, with a volume of 371 shares traded.

Analyst Ratings Changes

A number of analysts have issued reports on the company. Sanford C. Bernstein downgraded Whitbread from a “strong-buy” rating to a “strong sell” rating in a research report on Friday, November 28th. Morgan Stanley reiterated an “overweight” rating on shares of Whitbread in a research note on Wednesday, January 14th. Citigroup reissued a “buy” rating on shares of Whitbread in a report on Thursday, January 15th. Jefferies Financial Group cut Whitbread from a “buy” rating to a “hold” rating in a research note on Friday, December 12th. Finally, Deutsche Bank Aktiengesellschaft lowered shares of Whitbread from a “buy” rating to a “hold” rating in a research report on Wednesday, December 3rd. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy”.

Whitbread Stock Down 4.3%

The stock’s fifty day moving average price is $8.97 and its 200 day moving average price is $9.60.

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.