Mitchells & Butlers plc (LON:MAB) Given Consensus Recommendation of “Moderate Buy” by Analysts

Shares of Mitchells & Butlers plc (LON:MAB) have been given a consensus recommendation of “Moderate Buy” by the seven ratings firms that are currently covering the stock, Marketbeat reports. Two analysts have rated the stock with a hold rating and five have given a buy rating to the company. The average 12 month price target among analysts that have covered the stock in the last year is GBX 485.

MAB has been the topic of several research analyst reports. Berenberg Bank restated a “buy” rating and set a GBX 1,150 target price on shares of Mitchells & Butlers in a research note on Monday, March 30th. Jefferies Financial Group restated a “buy” rating and set a GBX 355 target price on shares of Mitchells & Butlers in a research note on Thursday, May 21st.

Mitchells & Butlers Stock Performance

Shares of Mitchells & Butlers stock opened at GBX 250.10 on Friday. The stock has a market cap of £1.48 billion, a price-to-earnings ratio of 8.17, a PEG ratio of 2.76 and a beta of 1.29. The firm’s 50-day moving average is GBX 251.49 and its 200 day moving average is GBX 264.19. Mitchells & Butlers has a 1 year low of GBX 223.50 and a 1 year high of GBX 308. The company has a debt-to-equity ratio of 47.97, a current ratio of 0.48 and a quick ratio of 0.46.

Mitchells & Butlers (LON:MAB) last announced its quarterly earnings results on Thursday, May 21st. The company reported GBX 17.40 earnings per share (EPS) for the quarter. The company had revenue of GBX 149 billion for the quarter. Mitchells & Butlers had a net margin of 6.70% and a return on equity of 6.41%. Sell-side analysts anticipate that Mitchells & Butlers will post 26.6341463 EPS for the current fiscal year.

Insider Transactions at Mitchells & Butlers

In related news, insider Amanda Brown bought 30,000 shares of the stock in a transaction on Tuesday, May 26th. The shares were acquired at an average price of GBX 236 per share, for a total transaction of £70,800. In the last quarter, insiders have bought 30,167 shares of company stock worth $7,121,406. 32.08% of the stock is currently owned by corporate insiders.

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.