Numis Securities Ltd reissued their reduce rating on shares of Mitchells & Butlers plc (LON:MAB) in a research note published on Tuesday morning. They currently have a GBX 255 ($3.19) price objective on the stock.

A number of other research analysts also recently issued reports on MAB. Peel Hunt restated a hold rating and set a GBX 262 ($3.27) price target on shares of Mitchells & Butlers plc in a research note on Wednesday, July 27th. Canaccord Genuity restated a buy rating and set a GBX 360 ($4.50) price target on shares of Mitchells & Butlers plc in a research note on Wednesday, July 27th. Panmure Gordon restated a hold rating and set a GBX 300 ($3.75) price target on shares of Mitchells & Butlers plc in a research note on Wednesday, July 27th. JPMorgan Chase & Co. restated a neutral rating on shares of Mitchells & Butlers plc in a research note on Friday, September 23rd. Finally, Beaufort Securities restated a buy rating on shares of Mitchells & Butlers plc in a research note on Friday, September 23rd. Two research analysts have rated the stock with a sell rating, seven have assigned a hold rating and eight have assigned a buy rating to the company’s stock. The stock currently has an average rating of Hold and a consensus target price of GBX 341.64 ($4.27).

Analyst Recommendations for Mitchells & Butlers plc (LON:MAB)

Shares of Mitchells & Butlers plc (LON:MAB) opened at 256.90 on Tuesday. Mitchells & Butlers plc has a 12 month low of GBX 207.00 and a 12 month high of GBX 357.10. The stock’s market capitalization is GBX 1.06 billion. The company’s 50 day moving average price is GBX 277.58 and its 200 day moving average price is GBX 265.73.

The business also recently declared a dividend, which will be paid on Tuesday, February 7th. Shareholders of record on Thursday, December 1st will be given a dividend of GBX 5 ($0.06) per share. This is an increase from Mitchells & Butlers plc’s previous dividend of $2.50. The ex-dividend date of this dividend is Thursday, December 1st. This represents a yield of 1.89%.

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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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