Mitchells & Butlers (MAB) Given Sell Rating at Liberum Capital

Mitchells & Butlers (LON:MAB)‘s stock had its “sell” rating reiterated by Liberum Capital in a research note issued on Monday. They currently have a GBX 210 ($2.85) target price on the stock. Liberum Capital’s price target indicates a potential downside of 20.27% from the stock’s previous close.

MAB has been the topic of a number of other reports. Citigroup reissued a “sell” rating on shares of Mitchells & Butlers in a research report on Friday, November 24th. Deutsche Bank reaffirmed a “hold” rating and issued a GBX 245 ($3.32) price target on shares of Mitchells & Butlers in a report on Tuesday, November 21st. Peel Hunt reaffirmed an “add” rating and issued a GBX 300 ($4.07) price target on shares of Mitchells & Butlers in a report on Friday, December 1st. Numis Securities reaffirmed a “hold” rating and issued a GBX 255 ($3.46) price target on shares of Mitchells & Butlers in a report on Thursday, November 23rd. Finally, Barclays reaffirmed an “underweight” rating and issued a GBX 220 ($2.98) price target on shares of Mitchells & Butlers in a report on Wednesday, November 29th. Four research analysts have rated the stock with a sell rating, seven have given a hold rating and one has issued a buy rating to the company’s stock. Mitchells & Butlers presently has an average rating of “Hold” and an average price target of GBX 257.50 ($3.49).

Mitchells & Butlers (MAB) opened at GBX 263.40 ($3.57) on Monday. Mitchells & Butlers has a 12-month low of GBX 219.90 ($2.98) and a 12-month high of GBX 284.80 ($3.86). The company has a market cap of $1,120.00 and a price-to-earnings ratio of 1,756.00.

In other Mitchells & Butlers news, insider Phil Urban bought 23,036 shares of the stock in a transaction on Monday, December 11th. The stock was purchased at an average price of GBX 258 ($3.50) per share, for a total transaction of £59,432.88 ($80,597.88). Insiders purchased 23,248 shares of company stock worth $5,998,632 over the last ninety days.

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Mitchells & Butlers Company Profile

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)

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