Phil Urban Buys 53 Shares of Mitchells & Butlers (LON:MAB) Stock

Mitchells & Butlers plc (LON:MAB) insider Phil Urban bought 53 shares of the stock in a transaction dated Friday, January 2nd. The stock was purchased at an average cost of GBX 261 per share, for a total transaction of £138.33.

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

• On Friday, December 12th, Phil Urban sold 57,217 shares of Mitchells & Butlers stock. The stock was sold at an average price of GBX 256, for a total transaction of £146,475.52.
• On Thursday, December 11th, Phil Urban sold 194,357 shares of Mitchells & Butlers stock. The shares were sold at an average price of GBX 260, for a total transaction of £505,328.20.
• On Friday, December 5th, Phil Urban acquired 52 shares of Mitchells & Butlers stock. The stock was acquired at an average cost of GBX 264 per share, for a total transaction of £137.28.
• On Friday, November 7th, Phil Urban bought 57 shares of Mitchells & Butlers stock. The shares were acquired at an average price of GBX 243 per share, for a total transaction of £138.51.
• On Friday, October 10th, Phil Urban bought 55 shares of Mitchells & Butlers stock. The shares were acquired at an average cost of GBX 253 per share, with a total value of £139.15.

Mitchells & Butlers Stock Up 1.9%

MAB opened at GBX 272.50 on Wednesday. The company has a debt-to-equity ratio of 63.56, a current ratio of 0.46 and a quick ratio of 0.46. Mitchells & Butlers plc has a 12 month low of GBX 194.40 and a 12 month high of GBX 308. The stock has a market capitalization of £1.62 billion, a P/E ratio of 9.24, a P/E/G ratio of 2.76 and a beta of 1.71. The business has a 50 day simple moving average of GBX 255.46 and a 200-day simple moving average of GBX 262.42.

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

Wall Street Analysts Forecast Growth

Several brokerages recently commented on MAB. Panmure Gordon reiterated a “buy” rating and issued a GBX 390 price objective on shares of Mitchells & Butlers in a research note on Tuesday, December 2nd. JPMorgan Chase & Co. reiterated a “neutral” rating and set a GBX 340 price target on shares of Mitchells & Butlers in a research report on Tuesday, December 2nd. Finally, Shore Capital reissued a “buy” rating on shares of Mitchells & Butlers in a research note on Friday, November 28th. Three investment 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 stock has an average rating of “Moderate Buy” and an average target price 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.