Mitchells & Butlers (LON:MAB) Earns Add Rating from Peel Hunt
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.
COPYRIGHT VIOLATION NOTICE: This piece was published by Marea Informative and is the sole property of of Marea Informative. If you are viewing this piece on another domain, it was illegally copied and reposted in violation of United States & international copyright law. The legal version of this piece can be accessed at https://www.mareainformativa.com/mitchells-butlers-mab-rating-reiterated-by-peel-hunt-updated-updated-updated/125249/.
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.
Receive News & Ratings for Mitchells & Butlers Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mitchells & Butlers and related companies with MarketBeat.com's FREE daily email newsletter.