Mitchells & Butlers plc (LON:MAB) Insider Acquires £136.23 in Stock

Mitchells & Butlers plc (LON:MAB) insider Phil Urban bought 57 shares of the firm’s stock in a transaction that occurred on Friday, November 8th. The shares were acquired at an average price of GBX 239 ($3.08) per share, with a total value of £136.23 ($175.31).

Phil Urban also recently made the following trade(s):

• On Friday, October 11th, Phil Urban acquired 50 shares of Mitchells & Butlers stock. The stock was purchased at an average price of GBX 278 ($3.58) per share, with a total value of £139 ($178.87).

Mitchells & Butlers Price Performance

Mitchells & Butlers stock opened at GBX 233.50 ($3.00) on Thursday. The company has a debt-to-equity ratio of 78.60, a current ratio of 0.47 and a quick ratio of 0.46. The company has a market capitalization of £1.39 billion, a PE ratio of 3,335.71, a price-to-earnings-growth ratio of 2.76 and a beta of 1.71. Mitchells & Butlers plc has a one year low of GBX 212.07 ($2.73) and a one year high of GBX 320 ($4.12). The business has a 50 day simple moving average of GBX 276.30 and a 200 day simple moving average of GBX 286.37.

Analysts Set New Price Targets

MAB has been the subject of a number of research reports. JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Mitchells & Butlers in a research report on Wednesday, September 11th. Shore Capital reiterated a “buy” rating on shares of Mitchells & Butlers in a research report on Thursday, September 26th.

About Mitchells & Butlers

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.