Mitchells & Butlers plc (LON:MAB) insider Timothy (Tim) Charles Jones bought 50 shares of Mitchells & Butlers stock in a transaction on Friday, January 12th. The shares were purchased at an average cost of GBX 277 ($3.76) per share, for a total transaction of £138.50 ($187.82).

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

  • On Friday, December 15th, Timothy (Tim) Charles Jones bought 52 shares of Mitchells & Butlers stock. The shares were purchased at an average cost of GBX 263 ($3.57) per share, for a total transaction of £136.76 ($185.46).
  • On Friday, November 17th, Timothy (Tim) Charles Jones bought 54 shares of Mitchells & Butlers stock. The shares were purchased at an average cost of GBX 259 ($3.51) per share, for a total transaction of £139.86 ($189.67).
  • On Friday, October 20th, Timothy (Tim) Charles Jones bought 56 shares of Mitchells & Butlers stock. The shares were purchased at an average cost of GBX 247 ($3.35) per share, for a total transaction of £138.32 ($187.58).

Mitchells & Butlers plc (LON:MAB) traded up GBX 2.80 ($0.04) on Monday, reaching GBX 272.60 ($3.70). The company had a trading volume of 233,016 shares, compared to its average volume of 316,387. Mitchells & Butlers plc has a 12-month low of GBX 219.90 ($2.98) and a 12-month high of GBX 284.80 ($3.86). The firm has a market cap of $1,150.00 and a PE ratio of 1,817.33.

The firm also recently announced a dividend, which will be paid on Tuesday, February 6th. Investors of record on Thursday, December 14th will be given a GBX 5 ($0.07) dividend. This is a boost from Mitchells & Butlers’s previous dividend of $2.50. This represents a yield of 1.99%. The ex-dividend date of this dividend is Thursday, December 14th.

A number of research analysts have commented on MAB shares. Deutsche Bank reaffirmed a “hold” rating and set a GBX 245 ($3.32) target price on shares of Mitchells & Butlers in a report on Tuesday, November 21st. Barclays reissued an “underweight” rating and issued a GBX 220 ($2.98) price target on shares of Mitchells & Butlers in a report on Wednesday, November 29th. Liberum Capital reissued a “sell” rating and issued a GBX 210 ($2.85) price target on shares of Mitchells & Butlers in a report on Wednesday, December 13th. Peel Hunt reissued an “add” rating and issued a GBX 300 ($4.07) price target on shares of Mitchells & Butlers in a report on Friday, December 1st. Finally, HSBC cut their price target on Mitchells & Butlers from GBX 265 ($3.59) to GBX 260 ($3.53) and set a “hold” rating on the stock in a report on Wednesday, December 6th. Four research analysts have rated the stock with a sell rating, eight have issued a hold rating and one has issued a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus price target of GBX 257.50 ($3.49).

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Mitchells & Butlers Company Profile

Mitchells & Butlers plc is an operator of managed restaurants and pubs. The Company’s portfolio of brands and formats includes Harvester, Toby Carvery, All Bar One, Miller & Carter, Premium Country Pubs, Sizzling Pubs, Crown Carveries, Stonehouse, Vintage Inns, Browns, Castle, Nicholson’s, O’Neill’s and Ember Inns.

Insider Buying and Selling by Quarter for Mitchells & Butlers (LON:MAB)

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