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

Mitchells & Butlers plc (LON:MAB) has received an average recommendation of “Moderate Buy” from the seven brokerages that are presently covering the stock, Marketbeat reports. Two investment analysts have rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average 12-month price target among analysts that have updated their coverage on the stock in the last year is GBX 485.

A number of equities research analysts have weighed in on the company. Berenberg Bank reaffirmed a “buy” rating and set a GBX 1,150 price objective on shares of Mitchells & Butlers in a report on Monday, March 30th. Jefferies Financial Group restated a “buy” rating and set a GBX 355 target price on shares of Mitchells & Butlers in a research report on Thursday, May 21st.

Mitchells & Butlers Stock Performance

Shares of Mitchells & Butlers stock opened at GBX 261.50 on Wednesday. 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 £1.55 billion, a PE ratio of 8.55, a price-to-earnings-growth ratio of 2.76 and a beta of 1.28. The company has a debt-to-equity ratio of 47.97, a current ratio of 0.48 and a quick ratio of 0.46. The company’s fifty day moving average price is GBX 244.64 and its two-hundred day moving average price is GBX 262.24.

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

Insider Transactions at Mitchells & Butlers

In related news, insider Amanda Brown acquired 30,000 shares of the company’s stock in a transaction on Tuesday, May 26th. The stock was purchased at an average cost of GBX 236 per share, for a total transaction of £70,800. Insiders acquired 30,282 shares of company stock worth $7,148,891 in the last three months. Corporate insiders own 32.08% 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.