Mitchells & Butlers plc (MAB) Given Average Recommendation of “Hold” by Brokerages

Mitchells & Butlers plc (LON:MAB) has been given an average recommendation of “Hold” by the thirteen analysts that are covering the stock, MarketBeat.com reports. Three analysts have rated the stock with a sell recommendation, nine have issued a hold recommendation and one has given a buy recommendation to the company. The average 12 month target price among brokerages that have covered the stock in the last year is GBX 268.50 ($3.60).

A number of equities analysts have weighed in on the company. Peel Hunt reissued an “add” rating and set a GBX 300 ($4.02) price target on shares of Mitchells & Butlers in a research report on Friday. Liberum Capital restated a “sell” rating and set a GBX 210 ($2.81) price objective on shares of Mitchells & Butlers in a report on Thursday, September 21st. Barclays reiterated an “underweight” rating and issued a GBX 220 ($2.95) price target on shares of Mitchells & Butlers in a research note on Wednesday. Shore Capital reiterated a “hold” rating on shares of Mitchells & Butlers in a research note on Thursday, November 23rd. Finally, Citigroup reiterated a “sell” rating on shares of Mitchells & Butlers in a report on Friday, November 24th.

Shares of Mitchells & Butlers (LON:MAB) opened at GBX 267.30 ($3.58) on Friday. Mitchells & Butlers has a 12-month low of GBX 218 ($2.92) and a 12-month high of GBX 280 ($3.75).

The company also recently announced a dividend, which will be paid on Tuesday, February 6th. Stockholders of record on Thursday, December 14th will be paid a GBX 5 ($0.07) dividend. This represents a dividend yield of 1.99%. The ex-dividend date is Thursday, December 14th. This is an increase from Mitchells & Butlers’s previous dividend of $2.50.

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About Mitchells & Butlers

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.

Analyst Recommendations for Mitchells & Butlers (LON:MAB)

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