Shares of Mitchells & Butlers plc (LON:MAB) have been given an average recommendation of “Buy” by the nineteen ratings firms that are covering the stock. Nine analysts have rated the stock with a hold recommendation and nine have given a buy recommendation to the company. The average 12 month target price among brokerages that have covered the stock in the last year is GBX 353.27 ($4.37).
MAB has been the subject of several research reports. Canaccord Genuity lowered their price objective on shares of Mitchells & Butlers plc from GBX 360 ($4.46) to GBX 350 ($4.33) and set a ” buy” rating for the company in a research report on Thursday, July 28th. Numis Securities Ltd reissued an “add” rating and issued a GBX 268 ($3.32) price objective on shares of Mitchells & Butlers plc in a research report on Thursday, September 22nd. FinnCap reissued a “buy” rating on shares of Mitchells & Butlers plc in a research report on Thursday, July 28th. HSBC lowered their price objective on shares of Mitchells & Butlers plc from GBX 340 ($4.21) to GBX 275 ($3.40) and set a “buy” rating for the company in a research report on Monday, August 1st. Finally, Beaufort Securities reissued a “buy” rating on shares of Mitchells & Butlers plc in a research report on Friday, September 23rd.
Mitchells & Butlers plc (LON:MAB) traded up 1.55% during midday trading on Tuesday, hitting GBX 275.90. 249,766 shares of the stock were exchanged. The company’s market cap is GBX 1.14 billion. Mitchells & Butlers plc has a 12 month low of GBX 207.00 and a 12 month high of GBX 365.00. The firm’s 50 day moving average price is GBX 268.63 and its 200 day moving average price is GBX 265.09.
Mitchells & Butlers plc Company Profile
Mitchells & Butlers plc is an operator of restaurants, pubs and bars. The Company operates through retail operating business and property business segments. The Company operates approximately 1,700 restaurants and pubs in the United Kingdom. The Company’s brands include Sizzling Pubs, Vintage Inns, Harvester, Ember Inns, Toby Carvery, Crown Carveries, Castle, Nicholson’s, O’Neill’s, Alex, All Bar One, Miller & Carter, Browns, Innkeeper’s Lodge, Oak Tree, Orchid Pubs and Premium Country Pubs.
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