Numis Securities Ltd Reaffirms Buy Rating on Mitchells & Butlers plc (MAB)
Mitchells & Butlers plc (LON: MAB)‘s stock had its “buy” rating reiterated by equities research analysts at Numis Securities Ltd in a research note issued to investors on Wednesday. They currently have a $5.65 (350 GBX) price target on the stock.
Shares of Mitchells & Butlers plc opened at 290.70 on Wednesday. Mitchells & Butlers plc has a one year low of GBX 210.80 and a one year high of GBX 297.917. The company’s market cap is £1.186 billion.
Mitchells & Butlers plc is an operator of managed pubs and pub restaurants. As of September 25, 2010, it had an estate of 1,909 sites, including 86 leased and franchised sites in the United Kingdom, and 43 pub restaurants in Germany.
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