Mitchells & Butlers plc’s (MAB) Sell Rating Reaffirmed at Liberum Capital
Mitchells & Butlers plc (LON:MAB)‘s stock had its “sell” rating reiterated by Liberum Capital in a research note issued to investors on Tuesday. They currently have a GBX 210 ($2.76) price objective on the stock. Liberum Capital’s target price would suggest a potential downside of 20.42% from the company’s previous close.
A number of other equities research analysts also recently issued reports on the stock. Peel Hunt lowered their target price on shares of Mitchells & Butlers plc from GBX 300 ($3.95) to GBX 260 ($3.42) and set an “add” rating for the company in a report on Tuesday, July 25th. J P Morgan Chase & Co lowered their target price on shares of Mitchells & Butlers plc from GBX 280 ($3.68) to GBX 260 ($3.42) and set a “neutral” rating for the company in a report on Friday, July 28th. Numis Securities Ltd upgraded shares of Mitchells & Butlers plc to a “hold” rating and set a GBX 255 ($3.35) target price for the company in a report on Thursday, July 27th. Barclays PLC restated an “underweight” rating and issued a GBX 220 ($2.89) target price on shares of Mitchells & Butlers plc in a report on Monday, September 11th. Finally, Shore Capital restated a “hold” rating on shares of Mitchells & Butlers plc in a report on Thursday, July 27th. Two investment analysts have rated the stock with a sell rating, ten have assigned a hold rating and two have issued a buy rating to the company. The company has an average rating of “Hold” and a consensus target price of GBX 272 ($3.58).
Shares of Mitchells & Butlers plc (LON MAB) opened at GBX 263.90 ($3.47) on Tuesday. Mitchells & Butlers plc has a twelve month low of GBX 218 ($2.87) and a twelve month high of GBX 284.60 ($3.74).
About Mitchells & Butlers plc
Mitchells & Butlers plc is an operator of managed restaurants and pubs. The Company’s portfolio of brands and formats includes Harvester, Toby Carvery, All Bar One, Miller & Carter, Premium Country Pubs, Sizzling Pubs, Crown Carveries, Stonehouse, Vintage Inns, Browns, Castle, Nicholson’s, O’Neill’s and Ember Inns.
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