Phil Urban Purchases 48 Shares of Mitchells & Butlers (LON:MAB) Stock

Mitchells & Butlers plc (LON:MAB) insider Phil Urban acquired 48 shares of the firm’s stock in a transaction that occurred on Friday, August 14th. The stock was acquired at an average cost of GBX 285 per share, with a total value of £136.80.

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

• On Friday, July 17th, Phil Urban bought 52 shares of Mitchells & Butlers stock. The stock was acquired at an average price of GBX 267 per share, for a total transaction of £138.84.
• On Friday, June 19th, Phil Urban bought 58 shares of Mitchells & Butlers stock. The shares were acquired at an average cost of GBX 239 per share, for a total transaction of £138.62.
• On Friday, May 22nd, Phil Urban purchased 60 shares of Mitchells & Butlers stock. The shares were acquired at an average price of GBX 230 per share, with a total value of £138.

Mitchells & Butlers Stock Performance

MAB stock traded down GBX 6.50 during trading on Monday, reaching GBX 277. 133,487 shares of the company’s stock were exchanged, compared to its average volume of 2,013,780. Mitchells & Butlers plc has a 1-year low of GBX 223.50 and a 1-year high of GBX 301.50. The firm has a market cap of £1.65 billion, a PE ratio of 9.05, a P/E/G ratio of 2.76 and a beta of 1.29. The company’s fifty day moving average price is GBX 261.57 and its 200-day moving average price is GBX 263.53. The company has a quick ratio of 0.46, a current ratio of 0.48 and a debt-to-equity ratio of 47.97.

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

Analyst Ratings Changes

Separately, Jefferies Financial Group restated a “buy” rating and set a GBX 355 price target on shares of Mitchells & Butlers in a research report on Thursday, May 21st. Four investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 558.75.

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.