Mitchells & Butlers (LON:MAB) Stock Price Crosses Above Two Hundred Day Moving Average – Time to Sell?

Mitchells & Butlers plc (LON:MAB) crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 256.64 ($3.47) and traded as high as GBX 266 ($3.59). Mitchells & Butlers shares last traded at GBX 263.50 ($3.56), with a volume of 106,276 shares changing hands.

Analyst Ratings Changes

MAB has been the topic of several research reports. Peel Hunt reiterated a “buy” rating and set a GBX 375 price objective on shares of Mitchells & Butlers in a report on Friday, July 25th. Deutsche Bank Aktiengesellschaft boosted their target price on shares of Mitchells & Butlers from GBX 280 to GBX 300 and gave the stock a “hold” rating in a research report on Friday, July 25th. Finally, Shore Capital reissued a “buy” rating on shares of Mitchells & Butlers in a research report on Friday, July 25th. Two 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, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 337.50.

Mitchells & Butlers Trading Down 0.6%

The company has a quick ratio of 0.46, a current ratio of 0.46 and a debt-to-equity ratio of 63.56. The firm’s 50-day moving average price is GBX 277.66 and its 200 day moving average price is GBX 256.64. The company has a market capitalization of £1.55 billion, a P/E ratio of 34.70, a P/E/G ratio of 2.76 and a beta of 1.71.

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.