Mitchells & Butlers’ (MAB) “Buy” Rating Reiterated at Berenberg Bank

Berenberg Bank restated their buy rating on shares of Mitchells & Butlers (LON:MAB) in a research report released on Monday morning,London Stock Exchange reports. The brokerage currently has a GBX 1,150 target price on the stock.

A number of other equities research analysts have also recently weighed in on the company. Shore Capital Group reaffirmed a “buy” rating on shares of Mitchells & Butlers in a report on Thursday, January 15th. JPMorgan Chase & Co. restated a “neutral” rating and set a GBX 340 target price on shares of Mitchells & Butlers in a report on Tuesday, December 2nd. Finally, Panmure Gordon restated a “buy” rating and issued a GBX 390 target price on shares of Mitchells & Butlers in a research note on Tuesday, December 2nd. Four equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of GBX 511.

Mitchells & Butlers Stock Performance

LON MAB opened at GBX 257.41 on Monday. Mitchells & Butlers has a 1-year low of GBX 194.40 and a 1-year high of GBX 308. The company has a 50 day moving average of GBX 276.04 and a 200-day moving average of GBX 263.24. The company has a current ratio of 0.47, a quick ratio of 0.46 and a debt-to-equity ratio of 53.55. The firm has a market cap of £1.53 billion, a price-to-earnings ratio of 8.73, a PEG ratio of 2.76 and a beta of 1.34.

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.