Liberum Capital Reaffirms “Buy” Rating for Mitchells & Butlers (LON:MAB)

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Liberum Capital reiterated their buy rating on shares of Mitchells & Butlers (LON:MAB) in a report issued on Wednesday morning, Stock Target Advisor reports. Liberum Capital currently has a GBX 600 ($7.84) price target on the stock, up from their previous price target of GBX 430 ($5.62).

A number of other equities analysts have also commented on MAB. Shore Capital reissued a hold rating on shares of Mitchells & Butlers in a research report on Wednesday, July 31st. Canaccord Genuity raised shares of Mitchells & Butlers to a buy rating and lifted their price target for the company from GBX 300 ($3.92) to GBX 400 ($5.23) in a research report on Wednesday, August 21st. Berenberg Bank reissued a buy rating on shares of Mitchells & Butlers in a research report on Monday, August 5th. Peel Hunt lifted their price target on shares of Mitchells & Butlers from GBX 425 ($5.55) to GBX 475 ($6.21) and gave the company an add rating in a research report on Tuesday, November 12th. Finally, Morgan Stanley raised shares of Mitchells & Butlers to an overweight rating and lifted their price target for the company from GBX 280 ($3.66) to GBX 430 ($5.62) in a research report on Monday, September 9th. Two research analysts have rated the stock with a sell rating, five have assigned a hold rating and five have issued a buy rating to the company. The stock currently has a consensus rating of Hold and a consensus target price of GBX 405.91 ($5.30).

Shares of LON:MAB traded down GBX 20.50 ($0.27) during trading on Wednesday, reaching GBX 450 ($5.88). The stock had a trading volume of 639,952 shares, compared to its average volume of 415,480. Mitchells & Butlers has a 52 week low of GBX 236.50 ($3.09) and a 52 week high of GBX 454 ($5.93). The firm has a market capitalization of $1.94 billion and a price-to-earnings ratio of 17.51. The company has a quick ratio of 0.48, a current ratio of 0.54 and a debt-to-equity ratio of 119.16. The stock has a fifty day simple moving average of GBX 420.21 and a two-hundred day simple moving average of GBX 331.08.

Mitchells & Butlers (LON:MAB) last released its quarterly earnings results on Wednesday, November 20th. The company reported GBX 37.20 ($0.49) EPS for the quarter, beating the Zacks’ consensus estimate of GBX 36.50 ($0.48) by GBX 0.70 ($0.01). On average, analysts forecast that Mitchells & Butlers will post 3458.0002443 EPS for the current year.

About Mitchells & Butlers

Mitchells & Butlers plc manages pubs, bars, and restaurants in the United Kingdom and Germany. It operates its pubs and restaurants under the Harvester, Toby Carvery, All Bar One, Miller & Carter, Premium Country Pubs, Sizzling Pubs, Stonehouse, Vintage Inns, Browns, Castle, Nicholson's, O'Neill's, Innkeeper's Lodge, Alex, and Ember Inns brands and formats.

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Analyst Recommendations for Mitchells & Butlers (LON:MAB)

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