Shore Capital Reaffirms “Buy” Rating for Mitchells & Butlers (LON:MAB)

Mitchells & Butlers (LON:MAB)‘s stock had its “buy” rating restated by analysts at Shore Capital in a report released on Friday, Marketbeat Ratings reports.

Mitchells & Butlers Price Performance

MAB opened at GBX 218.50 ($2.82) on Friday. The company has a fifty day simple moving average of GBX 231.58 and a 200 day simple moving average of GBX 255.68. The firm has a market cap of £1.30 billion, a price-to-earnings ratio of 28.94, a PEG ratio of 2.76 and a beta of 1.71. Mitchells & Butlers has a twelve month low of GBX 213 ($2.75) and a twelve month high of GBX 320 ($4.13). The company has a current ratio of 0.46, a quick ratio of 0.46 and a debt-to-equity ratio of 63.56.

Insider Activity at Mitchells & Butlers

In other Mitchells & Butlers news, insider Timothy (Tim) Charles Jones sold 13,429 shares of the stock in a transaction on Wednesday, January 15th. The shares were sold at an average price of GBX 241 ($3.11), for a total transaction of £32,363.89 ($41,819.21). In the last three months, insiders bought 179 shares of company stock valued at $41,478. Corporate insiders own 57.51% of the company’s stock.

About Mitchells & Butlers

Mitchells & Butlers is a leading operator of managed restaurants and pubs in the UK. It listed on the London Stock Exchange in April 2003 and is a member of the FTSE 250. Its restaurants and pubs have some of the highest average sales and profits per site in the industry and it operates the best portfolio of brands in the UK.