Insider Buying: Mitchells & Butlers (LON:MAB) Insider Purchases 30,000 Shares of Stock

Mitchells & Butlers plc (LON:MAB) insider Amanda Brown bought 30,000 shares of Mitchells & Butlers stock in a transaction on Tuesday, May 26th. The stock was purchased at an average price of GBX 236 per share, with a total value of £70,800.

Mitchells & Butlers Stock Performance

Shares of Mitchells & Butlers stock opened at GBX 238 on Tuesday. The company has a market capitalization of £1.41 billion, a PE ratio of 8.07, a P/E/G ratio of 2.76 and a beta of 1.30. 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 50-day simple moving average of GBX 258.48 and a two-hundred day simple moving average of GBX 264.93. Mitchells & Butlers plc has a one year low of GBX 228 and a one year high of GBX 308.

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

Wall Street Analyst Weigh In

A number of equities analysts have commented on MAB shares. Berenberg Bank reiterated a “buy” rating and issued a GBX 1,150 target price on shares of Mitchells & Butlers in a report on Monday, March 30th. Jefferies Financial Group reiterated a “buy” rating and issued a GBX 355 target price on shares of Mitchells & Butlers in a report on Thursday, May 21st. Five research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Mitchells & Butlers presently has an average rating of “Moderate Buy” and an average target price of GBX 485.

About Mitchells & Butlers

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.