Mitchells & Butlers plc Given Consensus Rating of “Hold” by Analysts (LON:MAB)
Mitchells & Butlers plc (LON:MAB) has been given a consensus rating of “Hold” by the fifteen ratings firms that are currently covering the stock, AR Network reports. Two research analysts have rated the stock with a sell rating, seven have given a hold rating and six have assigned a buy rating to the company. The average 12-month price target among brokers that have issued ratings on the stock in the last year is GBX 457.05 ($7.66).
Mitchells & Butlers plc (LON:MAB) traded up 0.32% on Thursday, hitting GBX 472.60. 155,532 shares of the company’s stock traded hands. Mitchells & Butlers plc has a 52 week low of GBX 306.40 and a 52 week high of GBX 484.40. The stock has a 50-day moving average of GBX 451. and a 200-day moving average of GBX 423.6. The company’s market cap is £1.932 billion.
MAB has been the subject of a number of recent research reports. Analysts at Nomura upgraded shares of Mitchells & Butlers plc to a “buy” rating in a research note on Friday, February 7th. They now have a GBX 540 ($9.05) price target on the stock, up previously from GBX 390 ($6.54). Separately, analysts at HSBC raised their price target on shares of Mitchells & Butlers plc from GBX 500 ($8.38) to GBX 510 ($8.55) in a research note on Thursday, February 6th. They now have an “overweight” rating on the stock. Finally, analysts at Barclays raised their price target on shares of Mitchells & Butlers plc from GBX 480 ($8.04) to GBX 500 ($8.38) in a research note on Wednesday, February 5th. They now have an “overweight” rating on the stock.
Mitchells & Butlers plc is an operator of managed restaurants and pubs in United Kingdom. Approximately, the Company had an estate of 1,638 sites including 62 leased and franchised sites and 38 restaurants in Germany.
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