Mitchells & Butlers’ (MAB) “Neutral” Rating Reiterated at JPMorgan Chase & Co.

JPMorgan Chase & Co. reaffirmed their neutral rating on shares of Mitchells & Butlers (LON:MAB) in a research note published on Tuesday, Marketbeat.com reports. They currently have a GBX 340 price target on the stock.

Separately, Shore Capital reissued a “buy” rating on shares of Mitchells & Butlers in a research note on Friday, November 28th. Three equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of GBX 351.25.

Mitchells & Butlers Stock Down 2.9%

Shares of LON:MAB opened at GBX 264 on Tuesday. Mitchells & Butlers has a 52-week low of GBX 194.40 and a 52-week high of GBX 308. The stock has a market cap of £1.57 billion, a P/E ratio of 9.43, a PEG ratio of 2.76 and a beta of 1.71. The business has a fifty day moving average of GBX 249.23 and a two-hundred day moving average of GBX 266. The company has a quick ratio of 0.46, a current ratio of 0.46 and a debt-to-equity ratio of 63.56.

Mitchells & Butlers (LON:MAB) last announced its quarterly earnings results on Friday, November 28th. The company reported GBX 30.90 earnings per share for the quarter. Mitchells & Butlers had a net margin of 1.72% and a return on equity of 1.89%. On average, research analysts expect that Mitchells & Butlers will post 26.6341463 earnings per share for the current year.

About Mitchells & Butlers

Mitchells & Butlers is a leading operator of managed restaurants and pubs in the UK. It listed on the London Stock Exchange in April 2003 and is a member of the FTSE 250. Its restaurants and pubs have some of the highest average sales and profits per site in the industry and it operates the best portfolio of brands in the UK.