Timothy (Tim) Charles Jones Sells 162,679 Shares of Mitchells & Butlers (LON:MAB) Stock

Mitchells & Butlers plc (LON:MAB) insider Timothy (Tim) Charles Jones sold 162,679 shares of the firm’s stock in a transaction that occurred on Thursday, December 11th. The stock was sold at an average price of GBX 260, for a total transaction of £422,965.40.

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

• On Friday, November 7th, Timothy (Tim) Charles Jones bought 57 shares of Mitchells & Butlers stock. The stock was bought at an average cost of GBX 243 per share, for a total transaction of £138.51.
• On Friday, October 10th, Timothy (Tim) Charles Jones bought 54 shares of Mitchells & Butlers stock. The shares were bought at an average price of GBX 253 per share, for a total transaction of £136.62.

Mitchells & Butlers Stock Performance

LON MAB opened at GBX 255.50 on Friday. Mitchells & Butlers plc has a fifty-two week low of GBX 194.40 and a fifty-two week high of GBX 308. The stock has a market cap of £1.52 billion, a price-to-earnings ratio of 8.66, a price-to-earnings-growth ratio of 2.76 and a beta of 1.71. The business has a fifty day moving average of GBX 250.48 and a 200-day moving average of GBX 264.95. 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 posted its quarterly earnings data on Friday, November 28th. The company reported GBX 30.90 EPS for the quarter. Mitchells & Butlers had a return on equity of 1.89% and a net margin of 1.72%. As a group, analysts predict that Mitchells & Butlers plc will post 26.6341463 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

MAB has been the subject of a number of recent research reports. JPMorgan Chase & Co. reiterated a “neutral” rating and set a GBX 340 price target on shares of Mitchells & Butlers in a report on Tuesday, December 2nd. Shore Capital restated a “buy” rating on shares of Mitchells & Butlers in a research report on Friday, November 28th. Finally, Panmure Gordon reiterated a “buy” rating and issued a GBX 390 price target on shares of Mitchells & Butlers in a report on Tuesday, December 2nd. Three research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, Mitchells & Butlers currently has a consensus rating of “Moderate Buy” and an average price target of GBX 351.25.

Mitchells & Butlers Company Profile

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.