Mitchells & Butlers plc (MAB) Given Average Recommendation of “Hold” by Analysts

Mitchells & Butlers plc (LON:MAB) has been given an average rating of “Hold” by the eleven analysts that are currently covering the stock, MarketBeat Ratings reports. Three analysts have rated the stock with a sell recommendation, five have assigned a hold recommendation and three have given a buy recommendation to the company. The average 12 month price objective among analysts that have covered the stock in the last year is GBX 288.13 ($3.76).

A number of analysts have recently weighed in on MAB shares. Peel Hunt reissued a “buy” rating on shares of Mitchells & Butlers in a research note on Thursday, January 10th. Berenberg Bank reaffirmed a “hold” rating and issued a GBX 265 ($3.46) price target on shares of Mitchells & Butlers in a research note on Friday, January 11th. Canaccord Genuity raised their price target on Mitchells & Butlers from GBX 265 ($3.46) to GBX 285 ($3.72) and gave the stock a “hold” rating in a research note on Thursday, January 10th. Shore Capital reaffirmed a “hold” rating on shares of Mitchells & Butlers in a research note on Thursday, January 10th. Finally, Liberum Capital raised Mitchells & Butlers to a “hold” rating and raised their price target for the stock from GBX 210 ($2.74) to GBX 270 ($3.53) in a research note on Thursday, January 10th.

Shares of LON:MAB traded up GBX 4.50 ($0.06) during trading on Monday, reaching GBX 270 ($3.53). 370,380 shares of the company traded hands, compared to its average volume of 415,480. The firm has a market cap of $1.15 billion and a PE ratio of 11.07. Mitchells & Butlers has a 52-week low of GBX 235 ($3.07) and a 52-week high of GBX 294.40 ($3.85). The company has a debt-to-equity ratio of 125.55, a quick ratio of 0.42 and a current ratio of 0.52.

In other Mitchells & Butlers news, insider Phil Urban purchased 15,115 shares of the company’s stock in a transaction that occurred on Friday, April 12th. The stock was bought at an average price of GBX 263 ($3.44) per share, with a total value of £39,752.45 ($51,943.62). Insiders purchased 15,263 shares of company stock valued at $4,016,417 in the last ninety days.

About Mitchells & Butlers

Mitchells & Butlers plc manages pubs, bars, and restaurants in the United Kingdom and Germany. It operates its pubs and restaurants under the Harvester, Toby Carvery, All Bar One, Miller & Carter, Premium Country Pubs, Sizzling Pubs, Stonehouse, Vintage Inns, Browns, Castle, Nicholson's, O'Neill's, Innkeeper's Lodge, Alex, and Ember Inns brands and formats.

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Analyst Recommendations for Mitchells & Butlers (LON:MAB)

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