Phil Urban Buys 57 Shares of Mitchells & Butlers (LON:MAB) Stock

Mitchells & Butlers plc (LON:MAB) insider Phil Urban bought 57 shares of the firm’s stock in a transaction dated Friday, November 7th. The stock was purchased at an average price of GBX 243 per share, with a total value of £138.51.

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

• On Friday, October 10th, Phil Urban purchased 55 shares of Mitchells & Butlers stock. The shares were purchased at an average cost of GBX 253 per share, for a total transaction of £139.15.
• On Friday, September 12th, Phil Urban bought 52 shares of Mitchells & Butlers stock. The shares were acquired at an average price of GBX 262 per share, with a total value of £136.24.
• On Friday, August 15th, Phil Urban purchased 52 shares of Mitchells & Butlers stock. The stock was acquired at an average cost of GBX 264 per share, with a total value of £137.28.

Mitchells & Butlers Stock Performance

Shares of LON:MAB traded up GBX 1.50 during trading on Monday, reaching GBX 238. 49,167 shares of the company’s stock traded hands, compared to its average volume of 573,800. The stock has a market capitalization of £1.41 billion, a P/E ratio of 8.50, a price-to-earnings-growth ratio of 2.76 and a beta of 1.71. Mitchells & Butlers plc has a 12 month low of GBX 194.40 and a 12 month high of GBX 308. The company has a 50 day moving average of GBX 251.56 and a 200-day moving average of GBX 266.78. The company has a debt-to-equity ratio of 63.56, a current ratio of 0.46 and a quick ratio of 0.46.

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on MAB. Peel Hunt reaffirmed a “buy” rating and issued a GBX 375 target price on shares of Mitchells & Butlers in a research report on Friday, July 25th. Deutsche Bank Aktiengesellschaft lifted their price objective on shares of Mitchells & Butlers from GBX 280 to GBX 300 and gave the company a “hold” rating in a research report on Friday, July 25th. Finally, Shore Capital restated a “buy” rating on shares of Mitchells & Butlers in a research report on Thursday, September 25th. Two equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of GBX 337.50.

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.