Mitchells & Butlers plc (LON:MAB) has received an average rating of “Hold” from the eleven analysts that are currently covering the company, Marketbeat Ratings reports. Three research analysts have rated the stock with a sell recommendation, five have assigned a hold recommendation and three have assigned a buy recommendation to the company. The average 12-month price target among analysts that have updated their coverage on the stock in the last year is GBX 273.57 ($3.57).

A number of brokerages have recently commented on MAB. Peel Hunt reaffirmed a “buy” rating on shares of Mitchells & Butlers in a research report on Tuesday. Liberum Capital upped their price target on Mitchells & Butlers from GBX 210 ($2.74) to GBX 270 ($3.53) and gave the company a “hold” rating in a research report on Tuesday, April 2nd. Finally, JPMorgan Chase & Co. reaffirmed an “overweight” rating on shares of Mitchells & Butlers in a research report on Wednesday.

Shares of LON MAB opened at GBX 243 ($3.18) on Friday. Mitchells & Butlers has a one year low of GBX 235 ($3.07) and a one year high of GBX 294.40 ($3.85). The company has a debt-to-equity ratio of 125.55, a quick ratio of 0.42 and a current ratio of 0.52. The firm has a market cap of $1.04 billion and a PE ratio of 9.96.

In other news, insider Phil Urban purchased 15,115 shares of the company’s stock in a transaction dated Friday, April 12th. The shares were purchased at an average price of GBX 263 ($3.44) per share, with a total value of £39,752.45 ($51,943.62). Insiders have bought a total of 15,254 shares of company stock worth $4,012,934 in the last ninety days.

About Mitchells & Butlers

Mitchells & Butlers plc manages pubs, bars, and restaurants in the United Kingdom and Germany. It operates its pubs and restaurants under the Harvester, Toby Carvery, All Bar One, Miller & Carter, Premium Country Pubs, Sizzling Pubs, Stonehouse, Vintage Inns, Browns, Castle, Nicholson's, O'Neill's, Innkeeper's Lodge, Alex, and Ember Inns brands and formats.

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Analyst Recommendations for Mitchells & Butlers (LON:MAB)

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