Mitchells & Butlers plc (LON:MAB) Given Average Recommendation of “Moderate Buy” by Brokerages

Shares of Mitchells & Butlers plc (LON:MAB) have been given an average rating of “Moderate Buy” by the seven brokerages that are presently covering the firm, MarketBeat reports. Two investment analysts have rated the stock with a hold rating and five have issued a buy rating on the company. The average 12 month price objective among analysts that have covered the stock in the last year is GBX 485.

Several research firms have recently commented on MAB. Berenberg Bank reiterated a “buy” rating and set a GBX 1,150 price objective on shares of Mitchells & Butlers in a research note on Monday, March 30th. Jefferies Financial Group reiterated a “buy” rating and set a GBX 355 price objective on shares of Mitchells & Butlers in a research note on Thursday, May 21st.

Mitchells & Butlers Price Performance

Shares of MAB opened at GBX 234.50 on Tuesday. Mitchells & Butlers has a twelve month low of GBX 228 and a twelve month high of GBX 308. The company has a 50 day moving average of GBX 258.48 and a two-hundred day moving average of GBX 264.93. The company has a quick ratio of 0.46, a current ratio of 0.48 and a debt-to-equity ratio of 47.97. The company has a market cap of £1.39 billion, a price-to-earnings ratio of 7.95, a price-to-earnings-growth ratio of 2.76 and a beta of 1.30.

Mitchells & Butlers (LON:MAB) last posted its quarterly earnings data on Thursday, May 21st. The company reported GBX 17.40 EPS for the quarter. Mitchells & Butlers had a net margin of 6.70% and a return on equity of 6.41%. The business had revenue of GBX 149 billion during the quarter. As a group, analysts predict that Mitchells & Butlers will post 26.6341463 earnings per share for the current fiscal year.

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.