Mitchells & Butlers plc (LON:MAB) Receives Consensus Rating of “Moderate Buy” from Brokerages

Mitchells & Butlers plc (LON:MAB) has earned a consensus rating of “Moderate Buy” from the seven research firms that are currently covering the company, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average twelve-month price target among analysts that have covered the stock in the last year is GBX 485.

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

Mitchells & Butlers Price Performance

Shares of LON:MAB opened at GBX 261.50 on Wednesday. The company has a market cap of £1.55 billion, a price-to-earnings ratio of 8.55, a PEG ratio of 2.76 and a beta of 1.28. The business has a 50 day moving average price of GBX 244.64 and a 200 day moving average price of GBX 262.24. The company has a quick ratio of 0.46, a current ratio of 0.48 and a debt-to-equity ratio of 47.97. Mitchells & Butlers has a twelve month low of GBX 223.50 and a twelve month high of GBX 308.

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

Insiders Place Their Bets

In other news, insider Amanda Brown purchased 30,000 shares of the stock in a transaction that occurred on Tuesday, May 26th. The shares were purchased at an average cost of GBX 236 per share, for a total transaction of £70,800. Insiders bought 30,282 shares of company stock worth $7,148,891 over the last 90 days. 32.08% of the stock is owned by company 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.