Mitchells & Butlers (LON:MAB) Stock Crosses Above 200 Day Moving Average – Time to Sell?

Mitchells & Butlers plc (LON:MAB) shares crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 260.53 and traded as high as GBX 300. Mitchells & Butlers shares last traded at GBX 298, with a volume of 187,599 shares changing hands.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on MAB. Shore Capital Group restated a “buy” rating on shares of Mitchells & Butlers in a report on Thursday, January 15th. JPMorgan Chase & Co. restated a “neutral” rating and issued a GBX 340 target price on shares of Mitchells & Butlers in a report on Tuesday, December 2nd. Finally, Panmure Gordon restated a “buy” rating and issued a GBX 390 price objective on shares of Mitchells & Butlers in a research report on Tuesday, December 2nd. Three analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 351.25.

Mitchells & Butlers Trading Up 0.7%

The company has a 50 day moving average of GBX 269.47 and a 200 day moving average of GBX 260.53. The company has a current ratio of 0.46, a quick ratio of 0.46 and a debt-to-equity ratio of 63.56. The firm has a market cap of £1.78 billion, a price-to-earnings ratio of 10.17, a price-to-earnings-growth ratio of 2.76 and a beta of 1.71.

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

Insiders Place Their Bets

In other news, insider Timothy (Tim) Charles Jones sold 162,679 shares of the firm’s stock in a transaction on Thursday, December 11th. The stock was sold at an average price of GBX 260, for a total value of £422,965.40. Also, insider Phil Urban sold 194,357 shares of the firm’s stock in a transaction dated Thursday, December 11th. The stock was sold at an average price of GBX 260, for a total value of £505,328.20. In the last three months, insiders bought 210 shares of company stock worth $55,176 and sold 462,102 shares worth $119,726,256. Corporate insiders own 32.27% of the company’s stock.

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.