Mitchells & Butlers plc (LON:MAB) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Shares of Mitchells & Butlers plc (LON:MAB) have been assigned an average rating of “Moderate Buy” from the seven brokerages that are currently covering the stock, MarketBeat Ratings reports. Two analysts have rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average 1-year price target among brokerages that have issued a report on the stock in the last year is GBX 485.

MAB has been the topic of a number of recent research reports. Berenberg Bank restated a “buy” rating and set a GBX 1,150 price target on shares of Mitchells & Butlers in a report on Monday, March 30th. Jefferies Financial Group reiterated a “buy” rating and issued a GBX 355 price objective on shares of Mitchells & Butlers in a report on Thursday, May 21st.

Insider Buying and Selling at Mitchells & Butlers

In related news, insider Amanda Brown purchased 30,000 shares of the firm’s stock in a transaction dated Tuesday, May 26th. The stock was bought at an average price of GBX 236 per share, for a total transaction of £70,800. Insiders bought a total of 30,282 shares of company stock valued at $7,148,891 over the last ninety days. 32.08% of the stock is owned by insiders.

Mitchells & Butlers Trading Down 0.6%

LON:MAB opened at GBX 262.50 on Wednesday. The stock’s 50 day moving average price is GBX 245.68 and its 200 day moving average price is GBX 262.23. Mitchells & Butlers has a 52 week low of GBX 223.50 and a 52 week high of GBX 308. The company has a market capitalization of £1.56 billion, a P/E ratio of 8.58, a P/E/G ratio of 2.76 and a beta of 1.28. The company has a debt-to-equity ratio of 47.97, a quick ratio of 0.46 and a current ratio of 0.48.

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

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.