Mitchells & Butlers (LON:MAB)‘s stock had its “sell” rating reiterated by investment analysts at Liberum Capital in a research report issued to clients and investors on Friday.
MAB has been the subject of several other research reports. Citigroup reissued a “sell” rating on shares of Mitchells & Butlers in a report on Friday, November 24th. Peel Hunt reissued an “add” rating and issued a GBX 300 ($4.14) price objective on shares of Mitchells & Butlers in a report on Friday, December 1st. Numis Securities reissued a “hold” rating and issued a GBX 255 ($3.52) price objective on shares of Mitchells & Butlers in a report on Thursday, November 23rd. Barclays reissued an “underweight” rating and issued a GBX 220 ($3.04) price objective on shares of Mitchells & Butlers in a report on Wednesday, November 29th. Finally, JPMorgan Chase & Co. reissued a “neutral” rating and issued a GBX 270 ($3.73) price objective on shares of Mitchells & Butlers in a report on Monday, January 15th. Four research analysts have rated the stock with a sell rating, seven have assigned a hold rating and one has given a buy rating to the company. The company presently has a consensus rating of “Hold” and an average target price of GBX 257.50 ($3.56).
Shares of Mitchells & Butlers (LON MAB) opened at GBX 242.80 ($3.35) on Friday. The company has a market capitalization of $1,070.00 and a P/E ratio of 1,618.67. Mitchells & Butlers has a twelve month low of GBX 219.90 ($3.04) and a twelve month high of GBX 284.80 ($3.93).
In other Mitchells & Butlers news, insider Phil Urban purchased 1,597 shares of the business’s stock in a transaction on Wednesday, February 7th. The stock was acquired at an average price of GBX 237 ($3.27) per share, with a total value of £3,784.89 ($5,229.19). Insiders have acquired a total of 1,706 shares of company stock valued at $406,086 in the last ninety days.
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Mitchells & Butlers Company Profile
Mitchells & Butlers plc managed pubs and restaurants in the United Kingdom and Germany. The company operates through Retail Operating Business and Property Business segments. It operates its pubs and restaurants under the Harvester, Toby Carvery, All Bar One, Miller & Carter, Premium Country Pubs, Sizzling Pubs, Oak Tree Pubs, Crown Carveries, Stonehouse, Vintage Inns, Browns, Castle, Nicholson's, O'Neill's, Innkeeper's Lodge, Alex, and Ember Inns brands and formats.
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