WHITBREAD PLC/S (OTCMKTS:WTBDY) Coverage Initiated by Analysts at JPMorgan Chase & Co.

JPMorgan Chase & Co. assumed coverage on shares of WHITBREAD PLC/S (OTCMKTS:WTBDY) in a research report report published on Thursday morning, The Fly reports. The brokerage issued an underweight rating on the stock.

Several other analysts also recently issued reports on the company. Bank of America downgraded WHITBREAD PLC/S from a neutral rating to an underperform rating in a report on Tuesday, July 23rd. Royal Bank of Canada downgraded WHITBREAD PLC/S from a sector perform rating to an underperform rating in a report on Thursday, July 18th.

Shares of WTBDY traded down $0.01 during trading hours on Thursday, hitting $13.98. The stock had a trading volume of 31,920 shares, compared to its average volume of 19,066. WHITBREAD PLC/S has a 12-month low of $12.25 and a 12-month high of $17.12. The stock has a fifty day simple moving average of $13.34.

WHITBREAD PLC/S Company Profile

Whitbread PLC operates hotels, restaurants, and coffee shops. The company operates through two segments, Premier Inn and Costa. It operates approximately 785 hotels with 72,466 rooms in the United Kingdom, as well as hotels under the Premier Inn brand name; hotels under the hub by Premier Inn brand name in the United Kingdom; and restaurants under the Brewers Fayre, Beefeater Grill, Bar+Block, and Table Table brands.

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