Mitchells & Butlers (LON:MAB)‘s stock had its “add” rating reaffirmed by research analysts at Peel Hunt in a research note issued to investors on Friday, January 5th. They currently have a GBX 300 ($4.21) price target on the stock. Peel Hunt’s price target indicates a potential upside of 14.85% from the company’s current price.

Several other equities research analysts have also recently weighed in on MAB. Deutsche Bank reissued a “hold” rating and set a GBX 245 ($3.44) price objective on shares of Mitchells & Butlers in a research note on Wednesday, October 18th. Canaccord Genuity reissued a “hold” rating and set a GBX 240 ($3.37) price objective on shares of Mitchells & Butlers in a research note on Friday, September 22nd. Shore Capital reissued a “hold” rating on shares of Mitchells & Butlers in a research note on Thursday, September 21st. Liberum Capital reissued a “sell” rating and set a GBX 210 ($2.95) price objective on shares of Mitchells & Butlers in a research note on Thursday, September 21st. Finally, Numis Securities reissued a “hold” rating and set a GBX 255 ($3.58) price objective on shares of Mitchells & Butlers in a research note on Thursday, November 23rd. Four analysts have rated the stock with a sell rating, seven have given a hold rating and one has given a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus target price of GBX 257.50 ($3.62).

Shares of Mitchells & Butlers (LON:MAB) traded down GBX 4.80 ($0.07) during mid-day trading on Friday, hitting GBX 261.20 ($3.67). The stock had a trading volume of 268,932 shares, compared to its average volume of 275,450. Mitchells & Butlers has a 1 year low of GBX 219.90 ($3.09) and a 1 year high of GBX 284.80 ($4.00). The company has a market capitalization of $1,130.00 and a PE ratio of 1,741.33.

In related news, insider Phil Urban bought 23,036 shares of the stock in a transaction on Monday, December 11th. The stock was bought at an average price of GBX 258 ($3.62) per share, for a total transaction of £59,432.88 ($83,461.42). Insiders purchased 23,192 shares of company stock valued at $5,984,800 in the last quarter.

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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.

Analyst Recommendations for Mitchells & Butlers (LON:MAB)

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