Mitchells & Butlers (LON:MAB) Insider Phil Urban Sells 194,357 Shares

Mitchells & Butlers plc (LON:MAB) insider Phil Urban sold 194,357 shares of the business’s stock in a transaction on Thursday, December 11th. The shares were sold at an average price of GBX 260, for a total transaction of £505,328.20.

Phil Urban also recently made the following trade(s):

• On Friday, December 5th, Phil Urban acquired 52 shares of Mitchells & Butlers stock. The stock was bought at an average price of GBX 264 per share, with a total value of £137.28.
• On Friday, November 7th, Phil Urban bought 57 shares of Mitchells & Butlers stock. The stock was bought at an average cost of GBX 243 per share, for a total transaction of £138.51.
• On Friday, October 10th, Phil Urban bought 55 shares of Mitchells & Butlers stock. The shares were bought at an average price of GBX 253 per share, for a total transaction of £139.15.

Mitchells & Butlers Stock Performance

LON:MAB traded down GBX 0.72 during mid-day trading on Friday, hitting GBX 254.78. 192,210 shares of the company traded hands, compared to its average volume of 610,705. The company has a quick ratio of 0.46, a current ratio of 0.46 and a debt-to-equity ratio of 63.56. The stock’s fifty day moving average price is GBX 250.28 and its 200-day moving average price is GBX 265.29. The firm has a market cap of £1.51 billion, a price-to-earnings ratio of 8.64, a price-to-earnings-growth ratio of 2.76 and a beta of 1.71. Mitchells & Butlers plc has a one year low of GBX 194.40 and a one year high of GBX 308.

Mitchells & Butlers (LON:MAB) last posted its quarterly earnings data on Friday, November 28th. The company reported GBX 30.90 earnings per share for the quarter. Mitchells & Butlers had a return on equity of 1.89% and a net margin of 1.72%. Research analysts anticipate that Mitchells & Butlers plc will post 26.6341463 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on MAB shares. JPMorgan Chase & Co. reissued a “neutral” rating and issued a GBX 340 price objective on shares of Mitchells & Butlers in a research note on Tuesday, December 2nd. Panmure Gordon reiterated a “buy” rating and issued a GBX 390 price target on shares of Mitchells & Butlers in a research note on Tuesday, December 2nd. Finally, Shore Capital reissued a “buy” rating on shares of Mitchells & Butlers in a report on Friday, November 28th. Three equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of GBX 351.25.

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.