Mitchells & Butlers plc’s (MAB) Hold Rating Reiterated at Shore Capital
Mitchells & Butlers plc (LON:MAB)‘s stock had its “hold” rating reaffirmed by investment analysts at Shore Capital in a note issued to investors on Thursday.
Several other research analysts have also commented on MAB. HSBC raised shares of Mitchells & Butlers plc to a “buy” rating and lifted their price objective for the stock from GBX 300 ($3.92) to GBX 340 ($4.44) in a research note on Wednesday, May 25th. JPMorgan Chase & Co. lowered shares of Mitchells & Butlers plc to a “neutral” rating and dropped their price objective for the stock from GBX 330 ($4.31) to GBX 240 ($3.13) in a research note on Monday, July 4th. Citigroup Inc. lowered shares of Mitchells & Butlers plc to a “neutral” rating in a research note on Thursday, July 7th. Panmure Gordon reaffirmed a “hold” rating and set a GBX 300 ($3.92) price objective on shares of Mitchells & Butlers plc in a research note on Wednesday, July 27th. Finally, Canaccord Genuity reaffirmed a “buy” rating and set a GBX 360 ($4.70) price objective on shares of Mitchells & Butlers plc in a research note on Wednesday, July 27th. Nine equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. Mitchells & Butlers plc presently has a consensus rating of “Hold” and an average target price of GBX 364.13 ($4.75).
Shares of Mitchells & Butlers plc (LON:MAB) opened at 270.50 on Thursday. The company’s market capitalization is GBX 1.12 billion. Mitchells & Butlers plc has a 1-year low of GBX 207.00 and a 1-year high of GBX 365.00. The firm’s 50-day moving average is GBX 258.98 and its 200-day moving average is GBX 264.85.
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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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