Mitchells & Butlers plc (LON:MAB) Insider Acquires £3,784.89 in Stock

Mitchells & Butlers plc (LON:MAB) insider Phil Urban acquired 1,597 shares of Mitchells & Butlers stock in a transaction dated Wednesday, February 7th. The stock was acquired at an average cost of GBX 237 ($3.27) per share, with a total value of £3,784.89 ($5,229.19).

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

  • On Monday, December 11th, Phil Urban bought 23,036 shares of Mitchells & Butlers stock. The stock was purchased at an average price of GBX 258 ($3.56) per share, with a total value of £59,432.88 ($82,112.30).

Shares of Mitchells & Butlers plc (MAB) traded down GBX 1.80 ($0.02) during trading hours on Wednesday, hitting GBX 234.20 ($3.24). The stock had a trading volume of 206,633 shares, compared to its average volume of 374,586. Mitchells & Butlers plc has a 52 week low of GBX 219.90 ($3.04) and a 52 week high of GBX 284.80 ($3.93). The firm has a market capitalization of $1,010.00 and a price-to-earnings ratio of 1,561.33.

The firm also recently announced a dividend, which was paid on Tuesday, February 6th. Stockholders of record on Thursday, December 14th were paid a GBX 5 ($0.07) dividend. The ex-dividend date was Thursday, December 14th. This is a positive change from Mitchells & Butlers’s previous dividend of $2.50. This represents a dividend yield of 1.99%.

MAB has been the subject of a number of recent research reports. Peel Hunt restated an “add” rating and issued a GBX 300 ($4.14) target price on shares of Mitchells & Butlers in a research note on Thursday, November 23rd. Deutsche Bank restated a “hold” rating and issued a GBX 245 ($3.38) target price on shares of Mitchells & Butlers in a research note on Tuesday, November 21st. Shore Capital reiterated a “hold” rating on shares of Mitchells & Butlers in a research note on Thursday, November 23rd. Canaccord Genuity reiterated a “hold” rating and set a GBX 240 ($3.32) price objective on shares of Mitchells & Butlers in a research note on Thursday, November 23rd. Finally, Numis Securities reiterated a “hold” rating and set a GBX 255 ($3.52) price objective on shares of Mitchells & Butlers in a research note on Thursday, November 23rd. Four investment analysts have rated the stock with a sell rating, seven have given a hold rating and one has issued a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average price target of GBX 257.50 ($3.56).

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Mitchells & Butlers Company Profile

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.

Insider Buying and Selling by Quarter for Mitchells & Butlers (LON:MAB)

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