Mitchells & Butlers (MAB) Receives “Buy” Rating from Peel Hunt
Peel Hunt reiterated their buy rating on shares of Mitchells & Butlers (LON:MAB) in a report released on Thursday, ThisIsMoney.Co.Uk reports.
Several other equities research analysts also recently weighed in on MAB. Liberum Capital reissued a hold rating on shares of Mitchells & Butlers in a report on Thursday. Numis Securities raised Mitchells & Butlers to an add rating in a report on Thursday, May 16th. Finally, JPMorgan Chase & Co. raised Mitchells & Butlers to an overweight rating and raised their price target for the stock from GBX 280 ($3.66) to GBX 390 ($5.10) in a report on Tuesday, March 5th. Two investment analysts have rated the stock with a sell rating, four have assigned a hold rating and five have issued a buy rating to the company. The company presently has an average rating of Hold and a consensus target price of GBX 305 ($3.99).
Shares of MAB stock opened at GBX 270.50 ($3.53) on Thursday. Mitchells & Butlers has a 1-year low of GBX 235 ($3.07) and a 1-year high of GBX 294.40 ($3.85). The stock has a market cap of $1.15 billion and a P/E ratio of 11.09. The company has a debt-to-equity ratio of 125.55, a quick ratio of 0.42 and a current ratio of 0.52.
About Mitchells & Butlers
Mitchells & Butlers plc manages pubs, bars, and restaurants in the United Kingdom and Germany. It operates its pubs and restaurants under the Harvester, Toby Carvery, All Bar One, Miller & Carter, Premium Country Pubs, Sizzling Pubs, Stonehouse, Vintage Inns, Browns, Castle, Nicholson's, O'Neill's, Innkeeper's Lodge, Alex, and Ember Inns brands and formats.
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