Mitchells & Butlers plc (LON:MAB) Insider Purchases £137.94 in Stock

Mitchells & Butlers plc (LON:MAB) insider Phil Urban acquired 57 shares of the business’s stock in a transaction on Friday, January 3rd. The stock was purchased at an average price of GBX 242 ($3.01) per share, for a total transaction of £137.94 ($171.42).

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

• On Friday, December 6th, Phil Urban sold 28,609 shares of Mitchells & Butlers stock. The stock was sold at an average price of GBX 250 ($3.11), for a total transaction of £71,522.50 ($88,880.95).
• On Monday, December 2nd, Phil Urban sold 106,910 shares of Mitchells & Butlers stock. The shares were sold at an average price of GBX 246 ($3.06), for a total transaction of £262,998.60 ($326,828.13).
• On Friday, November 8th, Phil Urban purchased 57 shares of Mitchells & Butlers stock. The stock was purchased at an average price of GBX 239 ($2.97) per share, for a total transaction of £136.23 ($169.29).
• On Friday, October 11th, Phil Urban acquired 50 shares of Mitchells & Butlers stock. The shares were acquired at an average price of GBX 278 ($3.45) per share, with a total value of £139 ($172.74).

Mitchells & Butlers Stock Performance

Shares of MAB stock remained flat at GBX 242.50 ($3.01) during mid-day trading on Monday. The stock had a trading volume of 153,045 shares, compared to its average volume of 130,227. Mitchells & Butlers plc has a one year low of GBX 220 ($2.73) and a one year high of GBX 320 ($3.98). The company has a current ratio of 0.47, a quick ratio of 0.46 and a debt-to-equity ratio of 78.60. The stock’s fifty day simple moving average is GBX 244.50 and its 200-day simple moving average is GBX 277.05. The stock has a market capitalization of £1.44 billion, a price-to-earnings ratio of 3,464.29, a price-to-earnings-growth ratio of 2.76 and a beta of 1.71.

Analysts Set New Price Targets

Several analysts have weighed in on MAB shares. Shore Capital reaffirmed a “buy” rating on shares of Mitchells & Butlers in a research note on Thursday, December 19th. JPMorgan Chase & Co. restated a “neutral” rating on shares of Mitchells & Butlers in a research report on Wednesday, September 11th.

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.