Mitchells & Butlers’ (MAB) Buy Rating Reiterated at Shore Capital

Shore Capital reissued their buy rating on shares of Mitchells & Butlers (LON:MAB) in a research note issued to investors on Thursday morning, MarketBeat Ratings reports.

Other research analysts have also recently issued reports about the stock. Panmure Gordon reaffirmed a “buy” rating and issued a GBX 390 price objective on shares of Mitchells & Butlers in a research report on Tuesday, December 2nd. JPMorgan Chase & Co. reissued a “neutral” rating and set a GBX 340 target price on shares of Mitchells & Butlers in a research report on Tuesday, December 2nd. Three research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 351.25.

Mitchells & Butlers Trading Down 1.1%

Shares of Mitchells & Butlers stock opened at GBX 276 on Thursday. The company has a market capitalization of £1.64 billion, a P/E ratio of 9.36, a price-to-earnings-growth ratio of 2.76 and a beta of 1.71. The stock has a fifty day simple moving average of GBX 260.52 and a 200 day simple moving average of GBX 261.98. Mitchells & Butlers has a 12-month low of GBX 194.40 and a 12-month high of GBX 308. 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 (LON:MAB) last posted its quarterly earnings data on Friday, November 28th. The company reported GBX 30.90 earnings per share (EPS) for the quarter. Mitchells & Butlers had a net margin of 1.72% and a return on equity of 1.89%. On average, sell-side analysts anticipate that Mitchells & Butlers will post 26.6341463 earnings per share for the current fiscal year.

Insider Activity

In other Mitchells & Butlers news, insider Phil Urban sold 57,217 shares of the business’s stock in a transaction dated Friday, December 12th. The shares were sold at an average price of GBX 256, for a total value of £146,475.52. Also, insider Timothy (Tim) Charles Jones sold 47,849 shares of the stock in a transaction that occurred on Friday, December 12th. The shares were sold at an average price of GBX 256, for a total transaction of £122,493.44. In the last ninety days, insiders acquired 219 shares of company stock worth $55,263 and sold 462,102 shares worth $119,726,256. Insiders own 32.16% of the company’s stock.

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.