Mitchells & Butlers’ (MAB) “Buy” Rating Reaffirmed at Shore Capital

Mitchells & Butlers (LON:MAB)‘s stock had its “buy” rating reiterated by equities research analysts at Shore Capital in a report issued on Thursday,London Stock Exchange reports.

Separately, JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Mitchells & Butlers in a research report on Wednesday, September 11th.

Mitchells & Butlers Trading Up 2.3 %

Shares of LON:MAB traded up GBX 5.50 ($0.07) during trading on Thursday, reaching GBX 245.50 ($3.09). 856,306 shares of the stock were exchanged, compared to its average volume of 319,802. The firm has a market cap of £1.46 billion, a price-to-earnings ratio of 3,507.14, a price-to-earnings-growth ratio of 2.76 and a beta of 1.71. The company has a debt-to-equity ratio of 78.60, a quick ratio of 0.46 and a current ratio of 0.47. Mitchells & Butlers has a 12-month low of GBX 220 ($2.77) and a 12-month high of GBX 320 ($4.02). The firm’s 50-day moving average price is GBX 251.19 and its 200 day moving average price is GBX 282.10.

Insider Activity at Mitchells & Butlers

In other news, insider Phil Urban sold 106,910 shares of the company’s stock in a transaction that occurred on Monday, December 2nd. The shares were sold at an average price of GBX 246 ($3.09), for a total transaction of £262,998.60 ($330,649.48). Also, insider Dave Coplin purchased 1,360 shares of the stock in a transaction on Friday, November 29th. The stock was acquired at an average price of GBX 246 ($3.09) per share, with a total value of £3,345.60 ($4,206.19). In the last 90 days, insiders acquired 1,467 shares of company stock valued at $362,083. Insiders own 57.51% of the company’s stock.

Mitchells & Butlers Company Profile

Mitchells & Butlers plc engages in the management of pubs, bars, and restaurants in the United Kingdom and Germany. The company operates its pubs and restaurants under the Alex, All Bar One, Browns, Castle, EGO, Ember Inns, Harvester, High Street, Innkeeper’s Lodge, Miller & Carter, Nicholson’s, O’Neill’s, Premium Country Pubs, Sizzling Pubs, Suburban, Stonehouse Pizza & Carvery, Toby Carvery, and Vintage Inns brands and formats.