Mitchells & Butlers plc (MAB) Insider Timothy (Tim) Charles Jones Buys 59 Shares

Mitchells & Butlers plc (LON:MAB) insider Timothy (Tim) Charles Jones purchased 59 shares of the company’s stock in a transaction that occurred on Friday, February 9th. The shares were purchased at an average cost of GBX 233 ($3.27) per share, for a total transaction of £137.47 ($192.75).

Timothy (Tim) Charles Jones also recently made the following trade(s):

  • On Friday, January 12th, Timothy (Tim) Charles Jones purchased 50 shares of Mitchells & Butlers stock. The shares were purchased at an average cost of GBX 277 ($3.88) per share, for a total transaction of £138.50 ($194.20).
  • On Friday, December 15th, Timothy (Tim) Charles Jones purchased 52 shares of Mitchells & Butlers stock. The shares were purchased at an average cost of GBX 263 ($3.69) per share, for a total transaction of £136.76 ($191.76).
  • On Friday, November 17th, Timothy (Tim) Charles Jones purchased 54 shares of Mitchells & Butlers stock. The shares were purchased at an average cost of GBX 259 ($3.63) per share, for a total transaction of £139.86 ($196.10).

Shares of Mitchells & Butlers plc (LON:MAB) traded up GBX 3.80 ($0.05) during midday trading on Monday, hitting GBX 235.20 ($3.30). The stock had a trading volume of 328,285 shares, compared to its average volume of 364,523. Mitchells & Butlers plc has a twelve month low of GBX 219.90 ($3.08) and a twelve month high of GBX 284.80 ($3.99). The stock has a market capitalization of $1,010.00 and a P/E ratio of 1,568.00.

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

Several equities research analysts have weighed in on the company. Berenberg Bank reaffirmed a “hold” rating and issued a GBX 265 ($3.72) target price on shares of Mitchells & Butlers in a research report on Monday, January 8th. Peel Hunt reaffirmed an “add” rating and set a GBX 300 ($4.21) target price on shares of Mitchells & Butlers in a research note on Friday, January 5th. Shore Capital reaffirmed a “hold” rating on shares of Mitchells & Butlers in a report on Friday, January 12th. Liberum Capital reaffirmed a “sell” rating and set a GBX 210 ($2.94) target price on shares of Mitchells & Butlers in a report on Monday, January 15th. Finally, JPMorgan Chase & Co. reaffirmed a “neutral” rating and set a GBX 270 ($3.79) target price on shares of Mitchells & Butlers in a report on Monday, January 15th. Four analysts have rated the stock with a sell rating, seven have given a hold rating and one has issued a buy rating to the company’s stock. The company has an average rating of “Hold” and an average price target of GBX 257.50 ($3.61).

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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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