Shore Capital Reiterates “Buy” Rating for Mitchells & Butlers (LON:MAB)

Shore Capital reissued their buy rating on shares of Mitchells & Butlers (LON:MAB) in a research note released on Friday morning, MarketBeat reports.

Mitchells & Butlers Stock Performance

Shares of LON MAB opened at GBX 218.50 ($2.82) on Friday. The stock has a market cap of £1.30 billion, a price-to-earnings ratio of 28.94, a P/E/G ratio of 2.76 and a beta of 1.71. The company has a current ratio of 0.46, a quick ratio of 0.46 and a debt-to-equity ratio of 63.56. Mitchells & Butlers has a 1-year low of GBX 213 ($2.75) and a 1-year high of GBX 320 ($4.14). The stock’s 50-day moving average is GBX 232.05 and its 200 day moving average is GBX 255.94.

Insider Transactions at Mitchells & Butlers

In related news, insider Timothy (Tim) Charles Jones sold 13,429 shares of Mitchells & Butlers stock in a transaction that occurred on Wednesday, January 15th. The stock was sold at an average price of GBX 241 ($3.11), for a total transaction of £32,363.89 ($41,830.02). In the last three months, insiders have acquired 179 shares of company stock worth $41,478. 57.51% of the stock is currently owned by insiders.

Mitchells & Butlers Company Profile

Mitchells & Butlers is a leading operator of managed restaurants and pubs in the UK. It listed on the London Stock Exchange in April 2003 and is a member of the FTSE 250. Its restaurants and pubs have some of the highest average sales and profits per site in the industry and it operates the best portfolio of brands in the UK.