Mitchells & Butlers (LON:MAB) Insider Purchases £136.23 in Stock

Mitchells & Butlers plc (LON:MAB) insider Timothy (Tim) Charles Jones acquired 57 shares of the firm’s stock in a transaction dated Friday, June 19th. The stock was bought at an average cost of GBX 239 per share, with a total value of £136.23.

Timothy (Tim) Charles Jones also recently made the following trade(s):

• On Friday, April 24th, Timothy (Tim) Charles Jones bought 54 shares of Mitchells & Butlers stock. The stock was bought at an average price of GBX 258 per share, for a total transaction of £139.32.

Mitchells & Butlers Price Performance

Mitchells & Butlers stock opened at GBX 238 on Tuesday. The business’s 50-day moving average price is GBX 249.24 and its 200 day moving average price is GBX 263.13. The company has a quick ratio of 0.46, a current ratio of 0.48 and a debt-to-equity ratio of 47.97. The firm has a market cap of £1.41 billion, a price-to-earnings ratio of 7.78, a price-to-earnings-growth ratio of 2.76 and a beta of 1.29. Mitchells & Butlers plc has a 52 week low of GBX 223.50 and a 52 week high of GBX 308.

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

Analyst Upgrades and Downgrades

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

Mitchells & Butlers Company Profile

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.