Mitchells & Butlers plc (LON:MAB) Given Average Rating of “Moderate Buy” by Brokerages

Shares of Mitchells & Butlers plc (LON:MAB) have been assigned an average rating of “Moderate Buy” from the seven ratings firms that are presently covering the firm, Marketbeat reports. Two research analysts have rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average 1 year target price among brokers that have covered the stock in the last year is GBX 485.

MAB has been the topic of several recent analyst reports. Berenberg Bank reiterated a “buy” rating and set a GBX 1,150 price objective on shares of Mitchells & Butlers in a report on Monday, March 30th. Jefferies Financial Group reiterated a “buy” rating and set a GBX 355 price objective on shares of Mitchells & Butlers in a report on Thursday, May 21st.

Mitchells & Butlers Price Performance

Mitchells & Butlers stock opened at GBX 237 on Friday. Mitchells & Butlers has a 12-month low of GBX 223.50 and a 12-month high of GBX 308. The stock has a market capitalization of £1.41 billion, a P/E ratio of 7.75, a P/E/G ratio of 2.76 and a beta of 1.29. The firm’s 50-day moving average is GBX 249.75 and its two-hundred day moving average is GBX 263.58. 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 announced its quarterly earnings data on Thursday, May 21st. The company reported GBX 17.40 earnings per share for the quarter. The business 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%. Equities analysts predict that Mitchells & Butlers will post 26.6341463 earnings per share for the current year.

Insider Buying and Selling at Mitchells & Butlers

In related news, insider Amanda Brown acquired 30,000 shares of the business’s stock in a transaction dated Tuesday, May 26th. The shares were acquired at an average cost of GBX 236 per share, for a total transaction of £70,800. In the last 90 days, insiders have bought 30,167 shares of company stock worth $7,121,406. Corporate insiders own 32.08% of the company’s stock.

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.