Mitchells & Butlers plc Receives Consensus Recommendation of “Buy” from Analysts (LON:MAB)
Mitchells & Butlers plc (LON:MAB) has earned a consensus rating of “Buy” from the fifteen brokerages that are currently covering the stock, Analyst Ratings.Net reports. One research analyst has rated the stock with a sell recommendation, five have given a hold recommendation and nine have assigned a buy recommendation to the company. The average twelve-month price target among brokerages that have covered the stock in the last year is GBX 468.30 ($7.86).
A number of research firms have recently commented on MAB. Analysts at Barclays reiterated an “overweight” rating on shares of Mitchells & Butlers plc in a research note on Wednesday, August 6th. They now have a GBX 500 ($8.39) price target on the stock. Separately, analysts at Citigroup Inc. reiterated a “buy” rating on shares of Mitchells & Butlers plc in a research note on Tuesday, August 5th. They now have a GBX 520 ($8.72) price target on the stock. Finally, analysts at Nomura reiterated a “buy” rating on shares of Mitchells & Butlers plc in a research note on Friday, August 1st. They now have a GBX 540 ($9.06) price target on the stock.
Mitchells & Butlers plc (LON:MAB) traded up 0.90% on Wednesday, hitting GBX 394.00. The stock had a trading volume of 61,370 shares. Mitchells & Butlers plc has a 1-year low of GBX 368.40 and a 1-year high of GBX 494.90. The stock’s 50-day moving average is GBX 384.2 and its 200-day moving average is GBX 430.4. The company’s market cap is £1.615 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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