Mitchells & Butlers (MAB) Stock Rating Reaffirmed by Shore Capital

Mitchells & Butlers (LON:MAB)‘s stock had its “hold” rating reiterated by equities researchers at Shore Capital in a note issued to investors on Friday.

MAB has been the topic of a number of other reports. Liberum Capital reissued a “sell” rating and set a GBX 210 ($2.85) target price on shares of Mitchells & Butlers in a research report on Tuesday, November 21st. Canaccord Genuity reissued a “hold” rating and set a GBX 240 ($3.25) target price on shares of Mitchells & Butlers in a research report on Friday, September 22nd. Peel Hunt lifted their target price on Mitchells & Butlers from GBX 260 ($3.53) to GBX 300 ($4.07) and gave the stock an “add” rating in a research report on Wednesday, October 25th. Deutsche Bank reissued a “hold” rating and set a GBX 245 ($3.32) target price on shares of Mitchells & Butlers in a research report on Tuesday, November 21st. Finally, Numis Securities reissued a “hold” rating and set a GBX 255 ($3.46) target price on shares of Mitchells & Butlers in a research report on Thursday, November 23rd. Four investment analysts have rated the stock with a sell rating and nine have given a hold rating to the company’s stock. The company has an average rating of “Hold” and a consensus target price of GBX 255.50 ($3.46).

Shares of Mitchells & Butlers (LON:MAB) opened at GBX 276.80 ($3.75) on Friday. Mitchells & Butlers has a 1 year low of GBX 219.90 ($2.98) and a 1 year high of GBX 284.80 ($3.86). The firm has a market capitalization of $1,130.00 and a PE ratio of 1,845.33.

In other Mitchells & Butlers news, insider Phil Urban purchased 23,036 shares of the business’s stock in a transaction on Monday, December 11th. The stock was purchased at an average price of GBX 258 ($3.50) per share, for a total transaction of £59,432.88 ($80,597.88). In the last 90 days, insiders have acquired 23,198 shares of company stock valued at $5,984,782.

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About Mitchells & Butlers

Mitchells & Butlers plc is an operator of managed restaurants and pubs. The Company’s portfolio of brands and formats includes Harvester, Toby Carvery, All Bar One, Miller & Carter, Premium Country Pubs, Sizzling Pubs, Crown Carveries, Stonehouse, Vintage Inns, Browns, Castle, Nicholson’s, O’Neill’s and Ember Inns.

Analyst Recommendations for Mitchells & Butlers (LON:MAB)

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