Mitchells & Butlers (MAB) Price Target Increased to GBX 260 by Analysts at Canaccord Genuity

Mitchells & Butlers (LON:MAB) had its target price hoisted by Canaccord Genuity from GBX 240 ($3.23) to GBX 260 ($3.50) in a research note published on Monday. They currently have a hold rating on the stock.

A number of other analysts have also recently commented on the stock. Peel Hunt reaffirmed an add rating and set a GBX 300 ($4.04) target price on shares of Mitchells & Butlers in a report on Friday. Deutsche Bank reaffirmed a hold rating and set a GBX 245 ($3.30) target price on shares of Mitchells & Butlers in a report on Wednesday, October 18th. upped their target price on shares of Mitchells & Butlers from GBX 260 ($3.50) to GBX 265 ($3.57) and gave the company a hold rating in a report on Friday, September 1st. Citigroup reaffirmed a sell rating on shares of Mitchells & Butlers in a report on Friday, November 24th. Finally, Barclays reiterated an underweight rating and issued a GBX 220 ($2.96) price target on shares of Mitchells & Butlers in a research report on Wednesday, November 29th. Three research analysts have rated the stock with a sell rating, nine have issued a hold rating and one has assigned a buy rating to the stock. The stock presently has an average rating of Hold and a consensus target price of GBX 271.50 ($3.65).

Mitchells & Butlers (LON:MAB) traded down GBX 1.30 ($0.02) on Monday, hitting GBX 259.50 ($3.49). 660,186 shares of the stock traded hands, compared to its average volume of 497,905. Mitchells & Butlers has a 1 year low of GBX 218 ($2.93) and a 1 year high of GBX 280 ($3.77).

The business also recently announced a dividend, which will be paid on Tuesday, February 6th. Investors of record on Thursday, December 14th will be given a dividend of GBX 5 ($0.07) per share. This is a positive change from Mitchells & Butlers’s previous dividend of $2.50. The ex-dividend date is Thursday, December 14th. This represents a dividend yield of 1.99%.

WARNING: This story was reported by Community Financial News and is owned by of Community Financial News. If you are reading this story on another website, it was copied illegally and reposted in violation of US and international copyright & trademark legislation. The original version of this story can be accessed at

About Mitchells & Butlers

Mitchells & Butlers plc is an operator of managed restaurants and pubs. The Company’s portfolio of brands and formats includes Harvester, Toby Carvery, All Bar One, Miller & Carter, Premium Country Pubs, Sizzling Pubs, Crown Carveries, Stonehouse, Vintage Inns, Browns, Castle, Nicholson’s, O’Neill’s and Ember Inns.

Analyst Recommendations for Mitchells & Butlers (LON:MAB)

What are top analysts saying about Mitchells & Butlers plc? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Mitchells & Butlers plc and related companies.


Leave a Reply

share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit