Mitchells & Butlers plc (MAB) Given Consensus Rating of “Buy” by Analysts
Shares of Mitchells & Butlers plc (LON:MAB) have been given a consensus recommendation of “Buy” by the nineteen ratings firms that are currently covering the company. Nine equities research analysts have rated the stock with a hold recommendation and nine have given a buy recommendation to the company. The average 1 year price target among brokers that have updated their coverage on the stock in the last year is GBX 353.27 ($4.37).
Several research analysts have recently weighed in on the stock. Panmure Gordon reaffirmed a “hold” rating and issued a GBX 280 ($3.47) price target on shares of Mitchells & Butlers plc in a report on Friday, September 9th. Citigroup Inc. cut shares of Mitchells & Butlers plc to a “neutral” rating in a report on Thursday, July 7th. Beaufort Securities reaffirmed a “buy” rating on shares of Mitchells & Butlers plc in a report on Friday, September 23rd. Numis Securities Ltd reaffirmed an “add” rating and issued a GBX 268 ($3.32) price target on shares of Mitchells & Butlers plc in a report on Thursday, September 22nd. Finally, JPMorgan Chase & Co. cut shares of Mitchells & Butlers plc to a “neutral” rating and decreased their price target for the stock from GBX 330 ($4.08) to GBX 240 ($2.97) in a report on Monday, July 4th.
Shares of Mitchells & Butlers plc (LON:MAB) traded up 1.55% on Tuesday, reaching GBX 275.90. The company had a trading volume of 249,766 shares. Mitchells & Butlers plc has a one year low of GBX 207.00 and a one year high of GBX 365.00. The company’s 50-day moving average is GBX 268.63 and its 200-day moving average is GBX 265.09. The company’s market capitalization is GBX 1.14 billion.
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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