Mitchells & Butlers plc (LON:MAB) insider Phil Urban acquired 23,036 shares of the business’s stock in a transaction on Monday, December 11th. The shares were purchased at an average price of GBX 258 ($3.47) per share, with a total value of £59,432.88 ($79,990.42).

Shares of Mitchells & Butlers plc (LON MAB) opened at GBX 257.90 ($3.47) on Monday. Mitchells & Butlers plc has a 1 year low of GBX 219.90 ($2.96) and a 1 year high of GBX 280 ($3.77).

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

MAB has been the topic of a number of recent analyst reports. upped their price objective on Mitchells & Butlers from GBX 260 ($3.50) to GBX 265 ($3.57) and gave the company a “hold” rating in a report on Friday, September 1st. Barclays restated an “underweight” rating and set a GBX 220 ($2.96) price target on shares of Mitchells & Butlers in a research note on Monday, September 11th. Shore Capital reaffirmed a “hold” rating on shares of Mitchells & Butlers in a research report on Thursday, September 21st. Liberum Capital reaffirmed a “sell” rating and set a GBX 210 ($2.83) price objective on shares of Mitchells & Butlers in a research report on Thursday, September 21st. Finally, Peel Hunt reissued an “add” rating and issued a GBX 260 ($3.50) target price on shares of Mitchells & Butlers in a report on Thursday, September 21st. Three analysts have rated the stock with a sell rating, ten have issued a hold rating and one has issued a buy rating to the company. Mitchells & Butlers currently has a consensus rating of “Hold” and an average price target of GBX 270.45 ($3.64).

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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.

Insider Buying and Selling by Quarter for Mitchells & Butlers (LON:MAB)

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