Mitchells & Butlers plc (LON:MAB)‘s stock had its “buy” rating reissued by analysts at Beaufort Securities in a report issued on Friday.
Several other research analysts also recently issued reports on the company. JPMorgan Chase & Co. reaffirmed a “neutral” rating on shares of Mitchells & Butlers plc in a report on Friday. Canaccord Genuity reaffirmed a “buy” rating and set a GBX 350 ($4.57) price objective on shares of Mitchells & Butlers plc in a report on Thursday. Shore Capital reaffirmed a “hold” rating on shares of Mitchells & Butlers plc in a report on Thursday. Numis Securities Ltd reaffirmed an “add” rating and set a GBX 268 ($3.50) price objective on shares of Mitchells & Butlers plc in a report on Thursday. Finally, Panmure Gordon reaffirmed a “hold” rating and set a GBX 280 ($3.65) price objective on shares of Mitchells & Butlers plc in a report on Thursday. Nine research analysts have rated the stock with a hold rating and nine have given a buy rating to the company’s stock. Mitchells & Butlers plc has an average rating of “Buy” and a consensus target price of GBX 364.13 ($4.75).
Mitchells & Butlers plc (LON:MAB) opened at 270.60 on Friday. The stock’s 50 day moving average price is GBX 259.93 and its 200-day moving average price is GBX 264.90. The stock’s market cap is GBX 1.12 billion. Mitchells & Butlers plc has a one year low of GBX 207.00 and a one year high of GBX 365.00.
This story is the sole property of American Banking News and it was originally published by American Banking News. If you are reading this story on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. The original version of this article is available at http://www.americanbankingnews.com/2016/09/23/mitchells-butlers-plc-mab-earns-buy-rating-from-beaufort-securities.html
Mitchells & Butlers plc Company Profile
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.
Receive News & Ratings for Mitchells & Butlers plc Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Mitchells & Butlers plc and related companies with MarketBeat.com’s FREE daily email newsletter.