Mitchells & Butlers (LON:MAB) Insider Sells £146,475.52 in Stock

Mitchells & Butlers plc (LON:MAB) insider Phil Urban sold 57,217 shares of the company’s stock in a transaction on Friday, December 12th. The stock was sold at an average price of GBX 256, for a total value of £146,475.52.

Phil Urban also recently made the following trade(s):

• On Thursday, December 11th, Phil Urban sold 194,357 shares of Mitchells & Butlers stock. The shares were sold at an average price of GBX 260, for a total value of £505,328.20.
• On Friday, December 5th, Phil Urban acquired 52 shares of Mitchells & Butlers stock. The stock was acquired at an average cost of GBX 264 per share, with a total value of £137.28.
• On Friday, November 7th, Phil Urban bought 57 shares of Mitchells & Butlers stock. The shares were acquired at an average price of GBX 243 per share, for a total transaction of £138.51.
• On Friday, October 10th, Phil Urban bought 55 shares of Mitchells & Butlers stock. The shares were acquired at an average cost of GBX 253 per share, for a total transaction of £139.15.

Mitchells & Butlers Trading Up 1.7%

Mitchells & Butlers stock opened at GBX 262.50 on Thursday. The company has a debt-to-equity ratio of 63.56, a quick ratio of 0.46 and a current ratio of 0.46. The stock has a market cap of £1.56 billion, a PE ratio of 8.90, a price-to-earnings-growth ratio of 2.76 and a beta of 1.71. The stock has a 50-day moving average of GBX 251.45 and a two-hundred day moving average of GBX 264.37. Mitchells & Butlers plc has a one year low of GBX 194.40 and a one year high of GBX 308.

Mitchells & Butlers (LON:MAB) last issued its quarterly earnings results on Friday, November 28th. The company reported GBX 30.90 earnings per share for the quarter. Mitchells & Butlers had a return on equity of 1.89% and a net margin of 1.72%. On average, research analysts anticipate that Mitchells & Butlers plc will post 26.6341463 EPS for the current fiscal year.

Analyst Ratings Changes

A number of research analysts have issued reports on MAB shares. Panmure Gordon restated a “buy” rating and set a GBX 390 price target on shares of Mitchells & Butlers in a research note on Tuesday, December 2nd. JPMorgan Chase & Co. reiterated a “neutral” rating and set a GBX 340 price objective on shares of Mitchells & Butlers in a research note on Tuesday, December 2nd. Finally, Shore Capital reissued a “buy” rating on shares of Mitchells & Butlers in a research report on Friday, November 28th. Three equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, Mitchells & Butlers presently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 351.25.

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.