Phil Urban Purchases 6,744 Shares of Mitchells & Butlers plc (MAB) Stock

Mitchells & Butlers plc (LON:MAB) insider Phil Urban bought 6,744 shares of the business’s stock in a transaction that occurred on Thursday, November 29th. The shares were acquired at an average price of GBX 273 ($3.57) per share, with a total value of £18,411.12 ($24,057.39).

Phil Urban also recently made the following trade(s):

  • On Friday, October 19th, Phil Urban bought 53 shares of Mitchells & Butlers stock. The shares were acquired at an average price of GBX 259 ($3.38) per share, with a total value of £137.27 ($179.37).

MAB opened at GBX 275 ($3.59) on Monday. Mitchells & Butlers plc has a 1-year low of GBX 219.90 ($2.87) and a 1-year high of GBX 284.80 ($3.72).

MAB has been the subject of several recent research reports. JPMorgan Chase & Co. boosted their target price on shares of Mitchells & Butlers from GBX 270 ($3.53) to GBX 280 ($3.66) and gave the company a “neutral” rating in a research report on Friday, November 23rd. Peel Hunt restated a “buy” rating on shares of Mitchells & Butlers in a research report on Wednesday, November 14th. Liberum Capital restated a “sell” rating on shares of Mitchells & Butlers in a research report on Thursday, November 1st. Citigroup upgraded shares of Mitchells & Butlers to a “neutral” rating in a research report on Monday, September 3rd. Finally, Barclays boosted their target price on shares of Mitchells & Butlers from GBX 225 ($2.94) to GBX 260 ($3.40) and gave the company an “underweight” rating in a research report on Friday, November 23rd. Three analysts have rated the stock with a sell rating, six have issued a hold rating and one has assigned a buy rating to the stock. The stock has a consensus rating of “Hold” and an average price target of GBX 266.25 ($3.48).

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Mitchells & Butlers Company Profile

Mitchells & Butlers plc managed pubs and restaurants in the United Kingdom and Germany. The company operates through Retail Operating Business and Property Business segments. It operates its pubs and restaurants under the Harvester, Toby Carvery, All Bar One, Miller & Carter, Premium Country Pubs, Sizzling Pubs, Oak Tree Pubs, Crown Carveries, Stonehouse, Vintage Inns, Browns, Castle, Nicholson's, O'Neill's, Innkeeper's Lodge, Alex, and Ember Inns brands and formats.

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