Mitchells & Butlers plc (LON:MAB) Receives Consensus Rating of “Hold” from Analysts
Shares of Mitchells & Butlers plc (LON:MAB) have earned a consensus rating of “Hold” from the nineteen research firms that are presently covering the stock. Nine research analysts have rated the stock with a hold rating and eight have issued a buy rating on the company. The average twelve-month price target among brokers that have updated their coverage on the stock in the last year is GBX 368.58 ($4.91).
In other news, insider Jones,Timothy (Tim) Charles acquired 1,162 shares of the firm’s stock in a transaction dated Wednesday, June 22nd. The shares were bought at an average price of GBX 282 ($3.76) per share, with a total value of £3,276.84 ($4,364.46).
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Mitchells & Butlers plc (LON:MAB) traded down 0.15% during trading on Tuesday, hitting GBX 266.80. The stock had a trading volume of 229,618 shares. Mitchells & Butlers plc has a 52 week low of GBX 207.00 and a 52 week high of GBX 365.00. The company’s 50-day moving average is GBX 252.79 and its 200 day moving average is GBX 266.04. The firm’s market cap is GBX 1.10 billion.
A number of equities research analysts have commented on MAB shares. Beaufort Securities restated a “buy” rating on shares of Mitchells & Butlers plc in a research report on Friday, May 20th. Shore Capital reaffirmed a “hold” rating on shares of Mitchells & Butlers plc in a research note on Thursday, May 19th. HSBC raised Mitchells & Butlers plc to a “buy” rating and raised their price target for the stock from GBX 300 ($4.00) to GBX 340 ($4.53) in a research note on Wednesday, May 25th. FinnCap reaffirmed a “buy” rating on shares of Mitchells & Butlers plc in a research note on Thursday, July 28th. Finally, Citigroup downgraded Mitchells & Butlers plc to a “neutral” rating in a research note on Thursday, July 7th.
Mitchells & Butlers plc is an operator of restaurants, pubs and bars. The Company operates through retail operating business and property business segments. The Company operates approximately 1,700 restaurants and pubs in the United Kingdom. The Company’s brands include Sizzling Pubs, Vintage Inns, Harvester, Ember Inns, Toby Carvery, Crown Carveries, Castle, Nicholson’s, O’Neill’s, Alex, All Bar One, Miller & Carter, Browns, Innkeeper’s Lodge, Oak Tree, Orchid Pubs and Premium Country Pubs.
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