Mitchells & Butlers (LON:MAB) Insider Purchases £138.62 in Stock

Mitchells & Butlers plc (LON:MAB) insider Phil Urban acquired 58 shares of the business’s stock in a transaction that occurred on Friday, June 19th. The shares were acquired at an average cost of GBX 239 per share, for a total transaction of £138.62.

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

• On Friday, May 22nd, Phil Urban acquired 60 shares of Mitchells & Butlers stock. The stock was acquired at an average cost of GBX 230 per share, with a total value of £138.
• On Friday, April 24th, Phil Urban bought 53 shares of Mitchells & Butlers stock. The shares were bought at an average price of GBX 258 per share, with a total value of £136.74.

Mitchells & Butlers Price Performance

Shares of LON MAB opened at GBX 238 on Tuesday. The company has a current ratio of 0.48, a quick ratio of 0.46 and a debt-to-equity ratio of 47.97. The stock has a market capitalization of £1.41 billion, a PE ratio of 7.78, a price-to-earnings-growth ratio of 2.76 and a beta of 1.29. The stock’s fifty day simple moving average is GBX 249.24 and its two-hundred day simple moving average is GBX 263.13. Mitchells & Butlers plc has a 12-month low of GBX 223.50 and a 12-month high of GBX 308.

Mitchells & Butlers (LON:MAB) last announced its quarterly earnings results on Thursday, May 21st. The company reported GBX 17.40 earnings per share (EPS) for the quarter. The business had revenue of GBX 149 billion for the quarter. Mitchells & Butlers had a return on equity of 6.41% and a net margin of 6.70%. As a group, analysts expect that Mitchells & Butlers plc will post 26.6341463 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on the stock. Jefferies Financial Group reiterated a “buy” rating and issued a GBX 355 target price on shares of Mitchells & Butlers in a report on Thursday, May 21st. Berenberg Bank restated a “buy” rating and issued a GBX 1,150 price target on shares of Mitchells & Butlers in a report on Monday, March 30th. Five investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, Mitchells & Butlers currently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 485.

Mitchells & Butlers Company Profile

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.