Mitchells & Butlers (LON:MAB) Receives “Buy” Rating from Shore Capital

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

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

Mitchells & Butlers Price Performance

Shares of LON MAB opened at GBX 246.50 ($3.10) on Thursday. The company has a quick ratio of 0.46, a current ratio of 0.47 and a debt-to-equity ratio of 78.60. Mitchells & Butlers has a twelve month low of GBX 220 ($2.76) and a twelve month high of GBX 320 ($4.02). The firm has a market capitalization of £1.46 billion, a P/E ratio of 3,521.43, a P/E/G ratio of 2.76 and a beta of 1.71. The stock’s 50-day simple moving average is GBX 250.51 and its two-hundred day simple moving average is GBX 281.66.

Insider Activity at Mitchells & Butlers

In other news, insider Phil Urban sold 28,609 shares of the firm’s stock in a transaction that occurred on Friday, December 6th. The stock was sold at an average price of GBX 250 ($3.14), for a total value of £71,522.50 ($89,886.26). Also, insider Dave Coplin purchased 1,360 shares of the company’s stock in a transaction that occurred on Friday, November 29th. The shares were purchased at an average price of GBX 246 ($3.09) per share, for a total transaction of £3,345.60 ($4,204.60). Insiders have acquired a total of 1,467 shares of company stock worth $362,083 in the last 90 days. Company 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.