Mitchells & Butlers plc (MAB) Insider Acquires £135.84 in Stock
Mitchells & Butlers plc (LON:MAB) insider Timothy (Tim) Charles Jones acquired 48 shares of the stock in a transaction on Friday, November 18th. The shares were bought at an average price of GBX 283 ($3.54) per share, for a total transaction of £135.84 ($169.72).
Timothy (Tim) Charles Jones also recently made the following trade(s):
- On Friday, October 21st, Timothy (Tim) Charles Jones bought 50 shares of Mitchells & Butlers plc stock. The shares were bought at an average cost of GBX 281 ($3.51) per share, for a total transaction of £140.50 ($175.54).
- On Friday, September 23rd, Timothy (Tim) Charles Jones bought 50 shares of Mitchells & Butlers plc stock. The stock was purchased at an average cost of GBX 272 ($3.40) per share, with a total value of £136 ($169.92).
Mitchells & Butlers plc (LON:MAB) traded down 0.65% on Monday, hitting GBX 274.20. 304,364 shares of the stock traded hands. The stock’s market cap is GBX 1.13 billion. Mitchells & Butlers plc has a 52-week low of GBX 207.00 and a 52-week high of GBX 357.10. The company’s 50 day moving average price is GBX 277.99 and its 200-day moving average price is GBX 265.75.
A number of analysts have commented on the company. HSBC boosted their price objective on Mitchells & Butlers plc from GBX 275 ($3.44) to GBX 305 ($3.81) and gave the stock a “buy” rating in a report on Tuesday, November 8th. Citigroup Inc. lowered Mitchells & Butlers plc to a “sell” rating and boosted their price objective for the stock from GBX 230 ($2.87) to GBX 250 ($3.12) in a report on Tuesday, October 25th. Beaufort Securities reissued a “buy” rating on shares of Mitchells & Butlers plc in a report on Friday, September 23rd. JPMorgan Chase & Co. reissued a “neutral” rating on shares of Mitchells & Butlers plc in a report on Friday, September 23rd. Finally, Canaccord Genuity reissued a “buy” rating and set a GBX 350 ($4.37) price objective on shares of Mitchells & Butlers plc in a report on Thursday, September 22nd. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and nine have issued a buy rating to the company. Mitchells & Butlers plc currently has a consensus rating of “Hold” and a consensus price target of GBX 342.57 ($4.28).
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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