Mitchells & Butlers plc (MAB) Given “Add” Rating at Numis Securities Ltd
Mitchells & Butlers plc (LON:MAB)‘s stock had its “add” rating reissued by equities research analysts at Numis Securities Ltd in a research report issued to clients and investors on Thursday. They currently have a GBX 268 ($3.50) target price on the stock. Numis Securities Ltd’s price target indicates a potential upside of 1.09% from the company’s previous close.
Other equities research analysts also recently issued reports about the stock. Canaccord Genuity lowered their price target on shares of Mitchells & Butlers plc from GBX 360 ($4.70) to GBX 350 ($4.57) and set a ” buy” rating for the company in a report on Thursday, July 28th. HSBC lowered their price target on shares of Mitchells & Butlers plc from GBX 340 ($4.44) to GBX 275 ($3.59) and set a “buy” rating for the company in a report on Monday, August 1st. FinnCap reiterated a “buy” rating on shares of Mitchells & Butlers plc in a report on Thursday, July 28th. Panmure Gordon reiterated a “hold” rating and set a GBX 280 ($3.65) price target on shares of Mitchells & Butlers plc in a report on Thursday, September 15th. Finally, Shore Capital reiterated a “hold” rating on shares of Mitchells & Butlers plc in a report on Wednesday, July 27th. Nine equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus target price of GBX 364.13 ($4.75).
Shares of Mitchells & Butlers plc (LON:MAB) opened at 271.40 on Thursday. The firm’s 50-day moving average is GBX 258.98 and its 200-day moving average is GBX 264.85. The firm’s market capitalization is GBX 1.12 billion. Mitchells & Butlers plc has a 12-month low of GBX 207.00 and a 12-month high of GBX 365.00.
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Mitchells & Butlers plc Company Profile
Mitchells & Butlers plc is an operator of restaurants, pubs and bars. The Company operates through retail operating business and property business segments. The Company operates approximately 1,700 restaurants and pubs in the United Kingdom. The Company’s brands include Sizzling Pubs, Vintage Inns, Harvester, Ember Inns, Toby Carvery, Crown Carveries, Castle, Nicholson’s, O’Neill’s, Alex, All Bar One, Miller & Carter, Browns, Innkeeper’s Lodge, Oak Tree, Orchid Pubs and Premium Country Pubs.
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