Mitchells & Butlers plc Rating Reiterated by Oriel Securities Ltd (MAB)
Other equities research analysts have also recently issued reports about the stock. Analysts at Deutsche Bank reiterated a “buy” rating on shares of Mitchells & Butlers plc in a research note on Thursday. They now have a GBX 620 ($10.59) price target on the stock. Separately, analysts at Citigroup Inc. raised their price target on shares of Mitchells & Butlers plc from GBX 500 ($8.54) to GBX 520 ($8.89) in a research note on Wednesday, June 18th. They now have a “buy” rating on the stock. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and nine have assigned a buy rating to the stock. Mitchells & Butlers plc currently has a consensus rating of “Buy” and an average price target of GBX 468.43 ($8.00).
Mitchells & Butlers plc (LON:MAB) traded down 1.25% on Thursday, hitting GBX 380.00. The stock had a trading volume of 359,299 shares. Mitchells & Butlers plc has a one year low of GBX 369.10 and a one year high of GBX 494.90. The stock’s 50-day moving average is GBX 394.7 and its 200-day moving average is GBX 437.4. The company’s market cap is £1.558 billion.
Mitchells & Butlers plc, is an operator of managed restaurants and pubs in United Kingdom. Approximately, the Company had an estate of 1,649 sites including 60 leased and franchised sites and 40 restaurants in Germany.
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