Whitbread plc (OTCMKTS:WTBDY – Get Rating)’s stock price shot up 0.4% during trading on Wednesday . The company traded as high as $9.37 and last traded at $9.34. 4,447 shares changed hands during trading, a decline of 69% from the average session volume of 14,439 shares. The stock had previously closed at $9.30.
Analyst Upgrades and Downgrades
A number of research firms have commented on WTBDY. Societe Generale increased their price target on Whitbread from GBX 2,790 ($33.54) to GBX 3,150 ($37.87) in a research report on Friday, January 13th. Jefferies Financial Group raised their target price on Whitbread from GBX 3,000 ($36.06) to GBX 3,500 ($42.07) in a research report on Thursday, January 12th. JPMorgan Chase & Co. raised their target price on Whitbread from GBX 4,050 ($48.68) to GBX 4,100 ($49.28) in a research report on Tuesday, December 13th. Deutsche Bank Aktiengesellschaft raised their target price on Whitbread from GBX 3,100 ($37.26) to GBX 3,530 ($42.43) in a research report on Wednesday, January 18th. Finally, Barclays raised their price objective on Whitbread from GBX 3,500 ($42.07) to GBX 3,750 ($45.08) in a research note on Friday, January 13th.
Whitbread Stock Performance
The business has a 50-day moving average of $8.55 and a two-hundred day moving average of $7.83.
Whitbread Company Profile
Whitbread Plc engages in the operation of a chain of hotels, restaurants, and coffee shops. It operates through the following segments: UK & Ireland, Germany, and Central & Other. Its brands include Premier Inn, Beefeater, Brewers Fayre, Table Table, Bar + Block Steakhouse, Cookhouse & Pub, and Thyme.
- Get a free copy of the StockNews.com research report on Whitbread (WTBDY)
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