Published On: Fri, Sep 23rd, 2016

Mitchells & Butlers plc’s (MAB) “Buy” Rating Reiterated at Beaufort Securities

Mitchells & Butlers plc (LON:MAB)‘s stock had its “buy” rating reissued by investment analysts at Beaufort Securities in a research note issued on Friday.
MAB has been the topic of a number of other reports. Shore Capital reaffirmed a “hold” rating on shares of Mitchells & Butlers plc in a report on Thursday. Canaccord Genuity cut their price objective on shares of Mitchells & Butlers plc from GBX 360 ($4.70) to GBX 350 ($4.57) and set a ” buy” rating on the stock in a report on Thursday, July 28th. 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 Friday, September 9th. JPMorgan Chase & Co. lifted their price objective on shares of Mitchells & Butlers plc from GBX 240 ($3.13) to GBX 260 ($3.39) and gave the stock a “neutral” rating in a report on Thursday, July 28th. Finally, Peel Hunt reissued a “hold” rating and issued a GBX 262 ($3.42) price target on shares of Mitchells & Butlers plc in a report on Wednesday, July 27th. Nine investment analysts have rated the stock with a hold rating and nine have given a buy rating to the company. Mitchells & Butlers plc currently has a consensus rating of “Buy” and a consensus price target of GBX 364.13 ($4.75).

Mitchells & Butlers plc (LON:MAB) opened at 271.80 on Friday. The company’s market capitalization is GBX 1.12 billion. The company’s 50-day moving average is GBX 259.93 and its 200-day moving average is GBX 264.90. Mitchells & Butlers plc has a 52-week low of GBX 207.00 and a 52-week high of GBX 365.00.

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About Mitchells & Butlers plc
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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