Brokerages Set Mitchells & Butlers plc (MAB) PT at $346.91
Mitchells & Butlers plc (LON:MAB) has been given a consensus rating of “Hold” by the eighteen ratings firms that are covering the firm. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and nine have assigned a buy rating to the company. The average 1-year target price among analysts that have issued a report on the stock in the last year is GBX 346.91 ($4.33).
MAB has been the subject of several recent research reports. Canaccord Genuity decreased their price target on Mitchells & Butlers plc from GBX 360 ($4.50) to GBX 350 ($4.37) and set a ” buy” rating for the company in a report on Thursday, July 28th. Numis Securities Ltd reissued an “add” rating and issued a GBX 268 ($3.35) target price on shares of Mitchells & Butlers plc in a report on Thursday, September 22nd. FinnCap reissued a “buy” rating on shares of Mitchells & Butlers plc in a report on Thursday, July 28th. HSBC reduced their target price on Mitchells & Butlers plc from GBX 340 ($4.25) to GBX 275 ($3.44) and set a “buy” rating for the company in a report on Monday, August 1st. Finally, Beaufort Securities reissued a “buy” rating on shares of Mitchells & Butlers plc in a report on Friday, September 23rd.
Shares of Mitchells & Butlers plc (LON:MAB) opened at 276.00 on Tuesday. The stock’s market cap is GBX 1.14 billion. Mitchells & Butlers plc has a one year low of GBX 207.00 and a one year high of GBX 357.10. The company has a 50 day moving average of GBX 277.99 and a 200-day moving average of GBX 265.75.
About Mitchells & Butlers plc
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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