WHITBREAD PLC/S (OTCMKTS:WTBDY) Rating Increased to Overweight at Barclays

WHITBREAD PLC/S (OTCMKTS:WTBDY) was upgraded by investment analysts at Barclays from an “equal weight” rating to an “overweight” rating in a research note issued on Friday, The Fly reports.

A number of other brokerages have also recently issued reports on WTBDY. Sanford C. Bernstein upgraded WHITBREAD PLC/S from an “underperform” rating to a “market perform” rating in a report on Thursday, October 24th. Jefferies Financial Group assumed coverage on WHITBREAD PLC/S in a research report on Tuesday, September 17th. They issued a “hold” rating for the company. Royal Bank of Canada cut WHITBREAD PLC/S from a “sector perform” rating to an “underperform” rating in a research report on Thursday, July 18th. JPMorgan Chase & Co. assumed coverage on WHITBREAD PLC/S in a research report on Thursday, September 12th. They issued an “underweight” rating for the company. Finally, UBS Group raised WHITBREAD PLC/S from a “neutral” rating to a “buy” rating in a research report on Tuesday, October 15th. Four investment analysts have rated the stock with a sell rating, three have given a hold rating and two have assigned a buy rating to the stock. The stock currently has a consensus rating of “Hold”.

OTCMKTS:WTBDY traded up $0.58 during trading hours on Friday, reaching $14.11. 9,723 shares of the stock were exchanged, compared to its average volume of 21,967. The firm has a 50 day simple moving average of $13.31 and a 200-day simple moving average of $14.06. WHITBREAD PLC/S has a 52 week low of $12.14 and a 52 week high of $17.12.

WHITBREAD PLC/S Company Profile

Whitbread PLC operates hotels and restaurants in the United Kingdom. It operates approximately 800 hotels with 76,171 rooms under the Premier Inn and the hub by Premier Inn brand names; and restaurants under the Brewers Fayre, Beefeater Grill, coockhouse & Pub, Bar+Block, thyme, and Table Table brands.

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Analyst Recommendations for WHITBREAD PLC/S (OTCMKTS:WTBDY)

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