Mitchells & Butlers plc (LON:MAB) Given Average Rating of “Moderate Buy” by Brokerages

Shares of Mitchells & Butlers plc (LON:MAB) have been given an average recommendation of “Moderate Buy” by the six analysts that are covering the company, Marketbeat.com reports. Two analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average 1-year price target among brokers that have updated their coverage on the stock in the last year is GBX 511.

Separately, Berenberg Bank reaffirmed a “buy” rating and issued a GBX 1,150 price target on shares of Mitchells & Butlers in a research report on Monday, March 30th.

Mitchells & Butlers Price Performance

Shares of LON:MAB opened at GBX 251.93 on Tuesday. The business has a 50 day moving average price of GBX 262.74 and a 200 day moving average price of GBX 265.10. Mitchells & Butlers has a twelve month low of GBX 232 and a twelve month high of GBX 308. The company has a market cap of £1.50 billion, a price-to-earnings ratio of 8.54, a PEG ratio of 2.76 and a beta of 1.30. The company has a quick ratio of 0.46, a current ratio of 0.47 and a debt-to-equity ratio of 53.55.

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.