Research Analysts’ Recent Ratings Updates for Mitchells & Butlers (MAB)

Mitchells & Butlers (LON: MAB) recently received a number of ratings updates from brokerages and research firms:

  • 12/2/2019 – Mitchells & Butlers had its “add” rating reaffirmed by analysts at Peel Hunt.
  • 11/27/2019 – Mitchells & Butlers was downgraded by analysts at Berenberg Bank to a “hold” rating. They now have a GBX 480 ($6.27) price target on the stock, up previously from GBX 360 ($4.70).
  • 11/21/2019 – Mitchells & Butlers was downgraded by analysts at Citigroup Inc to a “neutral” rating. They now have a GBX 490 ($6.40) price target on the stock, up previously from GBX 440 ($5.75).
  • 11/21/2019 – Mitchells & Butlers was downgraded by analysts at Morgan Stanley to an “equal weight” rating. They now have a GBX 450 ($5.88) price target on the stock, up previously from GBX 430 ($5.62).
  • 11/20/2019 – Mitchells & Butlers had its price target raised by analysts at JPMorgan Chase & Co. from GBX 430 ($5.62) to GBX 490 ($6.40). They now have an “overweight” rating on the stock.
  • 11/20/2019 – Mitchells & Butlers had its “buy” rating reaffirmed by analysts at Canaccord Genuity. They now have a GBX 400 ($5.23) price target on the stock.
  • 11/20/2019 – Mitchells & Butlers had its “buy” rating reaffirmed by analysts at Liberum Capital. They now have a GBX 600 ($7.84) price target on the stock, up previously from GBX 430 ($5.62).
  • 11/20/2019 – Mitchells & Butlers had its price target raised by analysts at Peel Hunt from GBX 475 ($6.21) to GBX 500 ($6.53). They now have an “add” rating on the stock.
  • 11/12/2019 – Mitchells & Butlers had its price target raised by analysts at Peel Hunt from GBX 425 ($5.55) to GBX 475 ($6.21). They now have an “add” rating on the stock.

Shares of LON:MAB opened at GBX 443 ($5.79) on Tuesday. The business’s fifty day moving average price is GBX 435.04 and its two-hundred day moving average price is GBX 342.53. The stock has a market cap of $1.93 billion and a PE ratio of 13.30. The company has a debt-to-equity ratio of 105.50, a quick ratio of 0.38 and a current ratio of 0.43. Mitchells & Butlers plc has a one year low of GBX 236.50 ($3.09) and a one year high of GBX 483 ($6.31).

Mitchells & Butlers (LON:MAB) last posted its quarterly earnings results on Wednesday, November 20th. The company reported GBX 37.20 ($0.49) EPS for the quarter, beating the consensus estimate of GBX 36.50 ($0.48) by GBX 0.70 ($0.01). As a group, equities research analysts predict that Mitchells & Butlers plc will post 3458.000515 earnings per share for the current fiscal year.

In other news, insider Timothy (Tim) Charles Jones sold 53,075 shares of the stock in a transaction that occurred on Friday, November 22nd. The stock was sold at an average price of GBX 452 ($5.91), for a total transaction of £239,899 ($313,470.53). Also, insider Phil Urban sold 8,710 shares of the firm’s stock in a transaction that occurred on Thursday, November 28th. The stock was sold at an average price of GBX 461 ($6.02), for a total value of £40,153.10 ($52,467.14). In the last 90 days, insiders acquired 91 shares of company stock valued at $37,832.

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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