Phil Urban Acquires 52 Shares of Mitchells & Butlers (LON:MAB) Stock

Mitchells & Butlers plc (LON:MAB) insider Phil Urban bought 52 shares of Mitchells & Butlers stock in a transaction dated Friday, July 17th. The shares were bought at an average price of GBX 267 per share, for a total transaction of £138.84.

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

• On Friday, June 19th, Phil Urban purchased 58 shares of Mitchells & Butlers stock. The shares were bought at an average cost of GBX 239 per share, for a total transaction of £138.62.
• On Friday, May 22nd, Phil Urban purchased 60 shares of Mitchells & Butlers stock. The stock was bought at an average cost of GBX 230 per share, with a total value of £138.
• On Friday, April 24th, Phil Urban purchased 53 shares of Mitchells & Butlers stock. The stock was bought at an average cost of GBX 258 per share, with a total value of £136.74.

Mitchells & Butlers Stock Performance

MAB stock opened at GBX 274.50 on Wednesday. The company has a 50 day moving average price of GBX 246.74 and a 200 day moving average price of GBX 262.46. Mitchells & Butlers plc has a fifty-two week low of GBX 223.50 and a fifty-two week 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. The stock has a market capitalization of £1.63 billion, a PE ratio of 8.97, a price-to-earnings-growth ratio of 2.76 and a beta of 1.28.

Mitchells & Butlers (LON:MAB) last announced its quarterly earnings data on Thursday, May 21st. The company reported GBX 17.40 EPS for the quarter. The firm had revenue of GBX 149 billion for the quarter. Mitchells & Butlers had a return on equity of 6.41% and a net margin of 6.70%. Analysts forecast that Mitchells & Butlers plc will post 26.6341463 EPS for the current year.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on MAB shares. Jefferies Financial Group reiterated a “buy” rating and issued a GBX 355 price target on shares of Mitchells & Butlers in a report on Thursday, May 21st. Berenberg Bank reissued a “buy” rating and set a GBX 1,150 price objective on shares of Mitchells & Butlers in a report on Monday, March 30th. Five research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, Mitchells & Butlers presently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 485.

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.