Mitchells & Butlers plc (LON:MAB) Receives Consensus Recommendation of “Moderate Buy” from Brokerages

Mitchells & Butlers plc (LON:MAB) has received an average rating of “Moderate Buy” from the seven brokerages that are presently covering the company, MarketBeat.com reports. Two analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The average 1 year price target among brokerages that have updated their coverage on the stock in the last year is GBX 485.

Several equities research analysts have recently commented on MAB shares. Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 355 price target on shares of Mitchells & Butlers in a research report on Thursday, May 21st. Berenberg Bank reaffirmed a “buy” rating and set a GBX 1,150 price target on shares of Mitchells & Butlers in a research report on Monday, March 30th.

Mitchells & Butlers Price Performance

LON MAB opened at GBX 250.10 on Friday. Mitchells & Butlers has a 52 week low of GBX 223.50 and a 52 week high of GBX 308. The firm has a market capitalization of £1.48 billion, a P/E ratio of 8.17, a PEG ratio of 2.76 and a beta of 1.29. The company has a quick ratio of 0.46, a current ratio of 0.48 and a debt-to-equity ratio of 47.97. The company has a 50-day moving average price of GBX 251.49 and a 200-day moving average price of GBX 264.19.

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

Insider Activity at Mitchells & Butlers

In other Mitchells & Butlers news, insider Amanda Brown purchased 30,000 shares of Mitchells & Butlers stock in a transaction dated Tuesday, May 26th. The stock was purchased at an average price of GBX 236 per share, with a total value of £70,800. Over the last ninety days, insiders have bought 30,167 shares of company stock worth $7,121,406. 32.08% of the stock is owned by corporate insiders.

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.