Insider Buying: Mitchells & Butlers (LON:MAB) Insider Buys £136.80 in Stock

Mitchells & Butlers plc (LON:MAB) insider Phil Urban bought 48 shares of the business’s stock in a transaction that occurred on Friday, August 14th. The stock was purchased at an average cost of GBX 285 per share, for a total transaction of £136.80.

Phil Urban also recently made the following trade(s):

• On Friday, July 17th, Phil Urban bought 52 shares of Mitchells & Butlers stock. The stock was purchased at an average price of GBX 267 per share, with a total value of £138.84.
• On Friday, June 19th, Phil Urban purchased 58 shares of Mitchells & Butlers stock. The shares were purchased at an average cost of GBX 239 per share, with a total value of £138.62.
• On Friday, May 22nd, Phil Urban purchased 60 shares of Mitchells & Butlers stock. The shares were purchased at an average cost of GBX 230 per share, with a total value of £138.

Mitchells & Butlers Stock Down 0.0%

Mitchells & Butlers stock opened at GBX 278.98 on Thursday. The business’s 50-day simple moving average is GBX 263.18 and its two-hundred day simple moving average is GBX 263.72. The company has a debt-to-equity ratio of 47.97, a quick ratio of 0.46 and a current ratio of 0.48. The company has a market cap of £1.66 billion, a PE ratio of 9.12, a PEG ratio of 2.76 and a beta of 1.29. Mitchells & Butlers plc has a fifty-two week low of GBX 223.50 and a fifty-two week high of GBX 301.50.

Mitchells & Butlers (LON:MAB) last announced its quarterly earnings data on Thursday, May 21st. The company reported GBX 17.40 earnings per share (EPS) for the quarter. Mitchells & Butlers had a return on equity of 6.41% and a net margin of 6.70%.The firm had revenue of GBX 149 billion during the quarter. Equities analysts anticipate that Mitchells & Butlers plc will post 26.6341463 EPS for the current year.

Wall Street Analyst Weigh In

Separately, Jefferies Financial Group reissued a “buy” rating and set a GBX 355 price target on shares of Mitchells & Butlers in a research report on Thursday, May 21st. Four research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Mitchells & Butlers has a consensus rating of “Moderate Buy” and an average price target of GBX 558.75.

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.