Mitchells & Butlers (LON:MAB) Insider Sells £505,328.20 in Stock

Mitchells & Butlers plc (LON:MAB) insider Phil Urban sold 194,357 shares of the stock in a transaction dated Thursday, December 11th. The shares were sold at an average price of GBX 260, for a total transaction of £505,328.20.

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

• On Friday, December 5th, Phil Urban bought 52 shares of Mitchells & Butlers stock. The stock was purchased at an average cost of GBX 264 per share, with a total value of £137.28.
• On Friday, November 7th, Phil Urban bought 57 shares of Mitchells & Butlers stock. The stock was purchased at an average price of GBX 243 per share, for a total transaction of £138.51.
• On Friday, October 10th, Phil Urban purchased 55 shares of Mitchells & Butlers stock. The shares were purchased at an average price of GBX 253 per share, for a total transaction of £139.15.

Mitchells & Butlers Stock Down 0.3%

Shares of MAB traded down GBX 0.72 on Friday, hitting GBX 254.78. 192,210 shares of the stock traded hands, compared to its average volume of 610,705. Mitchells & Butlers plc has a one year low of GBX 194.40 and a one year high of GBX 308. The company has a market capitalization of £1.51 billion, a PE ratio of 8.64, a P/E/G ratio of 2.76 and a beta of 1.71. The business has a 50 day simple moving average of GBX 250.28 and a 200 day simple moving average of GBX 265.29. The company has a debt-to-equity ratio of 63.56, a quick ratio of 0.46 and a current ratio of 0.46.

Mitchells & Butlers (LON:MAB) last issued its earnings results on Friday, November 28th. The company reported GBX 30.90 EPS for the quarter. Mitchells & Butlers had a return on equity of 1.89% and a net margin of 1.72%. As a group, equities analysts forecast that Mitchells & Butlers plc will post 26.6341463 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

MAB has been the subject of several research analyst reports. JPMorgan Chase & Co. reiterated a “neutral” rating and issued a GBX 340 price objective on shares of Mitchells & Butlers in a report on Tuesday, December 2nd. Shore Capital reaffirmed a “buy” rating on shares of Mitchells & Butlers in a report on Friday, November 28th. Finally, Panmure Gordon reissued a “buy” rating and set a GBX 390 price objective on shares of Mitchells & Butlers in a report on Tuesday, December 2nd. Three investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of GBX 351.25.

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.