Phil Urban Purchases 52 Shares of Mitchells & Butlers (LON:MAB) Stock

Mitchells & Butlers plc (LON:MAB) insider Phil Urban bought 52 shares of Mitchells & Butlers stock in a transaction that occurred on Friday, July 17th. The stock was purchased at an average cost of GBX 267 per share, with a total value of £138.84.

Phil Urban also recently made the following trade(s):

• On Friday, June 19th, Phil Urban purchased 58 shares of Mitchells & Butlers stock. The shares were purchased at an average cost of GBX 239 per share, for a total transaction of £138.62.
• On Friday, May 22nd, Phil Urban purchased 60 shares of Mitchells & Butlers stock. The stock was purchased at an average price of GBX 230 per share, with a total value of £138.
• On Friday, April 24th, Phil Urban acquired 53 shares of Mitchells & Butlers stock. The stock was purchased at an average cost of GBX 258 per share, with a total value of £136.74.

Mitchells & Butlers Price Performance

Shares of MAB stock traded up GBX 3.70 on Monday, hitting GBX 270.70. 1,281,332 shares of the stock traded hands, compared to its average volume of 2,226,227. The firm has a market cap of £1.61 billion, a price-to-earnings ratio of 8.85, a PEG ratio of 2.76 and a beta of 1.28. Mitchells & Butlers plc has a 52 week low of GBX 223.50 and a 52 week high of GBX 308. The firm has a 50 day simple moving average of GBX 246.19 and a two-hundred day simple moving average of GBX 262.33. The company has a debt-to-equity ratio of 47.97, a current ratio of 0.48 and a quick ratio of 0.46.

Mitchells & Butlers (LON:MAB) last released its earnings results on Thursday, May 21st. The company reported GBX 17.40 earnings per share for the quarter. The company had revenue of GBX 149 billion for the quarter. Mitchells & Butlers had a net margin of 6.70% and a return on equity of 6.41%. As a group, equities research analysts predict that Mitchells & Butlers plc will post 26.6341463 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

MAB has been the subject of several research analyst reports. Jefferies Financial Group reiterated a “buy” rating and set a GBX 355 target price on shares of Mitchells & Butlers in a research report on Thursday, May 21st. Berenberg Bank restated a “buy” rating and issued a GBX 1,150 price target on shares of Mitchells & Butlers in a research note on Monday, March 30th. Five analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of GBX 485.

About Mitchells & Butlers

Mitchells & Butlers is a leading operator of managed restaurants and pubs in the UK. It listed on the London Stock Exchange in April 2003 and is a member of the FTSE 250. Its restaurants and pubs have some of the highest average sales and profits per site in the industry and it operates the best portfolio of brands in the UK.