Phil Urban Buys 60 Shares of Mitchells & Butlers (LON:MAB) Stock

Mitchells & Butlers plc (LON:MAB) insider Phil Urban acquired 60 shares of the firm’s stock in a transaction on Friday, May 22nd. The shares were bought at an average cost of GBX 230 per share, for a total transaction of £138.

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

• On Friday, April 24th, Phil Urban acquired 53 shares of Mitchells & Butlers stock. The shares were bought at an average cost of GBX 258 per share, for a total transaction of £136.74.

Mitchells & Butlers Price Performance

Shares of LON MAB opened at GBX 238 on Tuesday. The firm has a 50-day simple moving average of GBX 258.48 and a 200-day simple moving average of GBX 264.93. The stock has a market capitalization of £1.41 billion, a price-to-earnings ratio of 8.07, a price-to-earnings-growth ratio of 2.76 and a beta of 1.30. The company has a quick ratio of 0.46, a current ratio of 0.48 and a debt-to-equity ratio of 47.97. Mitchells & Butlers plc has a 52 week low of GBX 228 and a 52 week high of GBX 308.

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

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on MAB shares. Berenberg Bank reiterated a “buy” rating and issued a GBX 1,150 target price on shares of Mitchells & Butlers in a research report on Monday, March 30th. Jefferies Financial Group reiterated a “buy” rating and issued a GBX 355 target price on shares of Mitchells & Butlers in a research report on Thursday, May 21st. Five analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of GBX 485.

About Mitchells & Butlers

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.