Mitchells & Butlers plc (LON:MAB) insider Phil Urban acquired 1,597 shares of the firm’s stock in a transaction dated Wednesday, February 7th. The stock was bought at an average price of GBX 237 ($3.32) per share, with a total value of £3,784.89 ($5,306.91).
Phil Urban also recently made the following trade(s):
- On Monday, December 11th, Phil Urban acquired 23,036 shares of Mitchells & Butlers stock. The stock was bought at an average price of GBX 258 ($3.62) per share, with a total value of £59,432.88 ($83,332.70).
Shares of Mitchells & Butlers plc (LON MAB) opened at GBX 234.60 ($3.29) on Friday. The stock has a market cap of $991.52 and a P/E ratio of 1,564.00. Mitchells & Butlers plc has a 1 year low of GBX 219.90 ($3.08) and a 1 year high of GBX 284.80 ($3.99).
MAB has been the subject of several analyst reports. Deutsche Bank restated a “hold” rating and issued a GBX 245 ($3.44) price objective on shares of Mitchells & Butlers in a report on Wednesday, October 18th. Peel Hunt raised their target price on shares of Mitchells & Butlers from GBX 260 ($3.65) to GBX 300 ($4.21) and gave the company an “add” rating in a research note on Wednesday, October 25th. Liberum Capital reiterated a “sell” rating and issued a GBX 210 ($2.94) target price on shares of Mitchells & Butlers in a research note on Tuesday, November 21st. Shore Capital reiterated a “hold” rating on shares of Mitchells & Butlers in a research note on Thursday, November 23rd. Finally, Numis Securities reiterated a “hold” rating and issued a GBX 255 ($3.58) target price on shares of Mitchells & Butlers in a research note on Thursday, November 23rd. Four equities research analysts have rated the stock with a sell rating, seven have given a hold rating and one has given a buy rating to the company. The company presently has a consensus rating of “Hold” and an average price target of GBX 257.50 ($3.61).
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.
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