Mitchells & Butlers plc (LON:MAB)‘s stock had its “buy” rating reaffirmed by equities research analysts at Canaccord Genuity in a research note issued on Tuesday. They presently have a GBX 350 ($4.37) price target on the stock. Canaccord Genuity’s target price suggests a potential upside of 36.56% from the stock’s current price.

A number of other research firms have also recently commented on MAB. Panmure Gordon reaffirmed a “hold” rating and set a GBX 280 ($3.50) price target on shares of Mitchells & Butlers plc in a research note on Tuesday. Beaufort Securities reaffirmed a “buy” rating on shares of Mitchells & Butlers plc in a research note on Friday, September 23rd. Numis Securities Ltd reiterated an “add” rating and set a GBX 268 ($3.35) price objective on shares of Mitchells & Butlers plc in a report on Thursday, September 22nd. HSBC decreased their price objective on shares of 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, JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Mitchells & Butlers plc in a report on Friday, September 23rd. Two research analysts have rated the stock with a sell rating, seven have issued a hold rating and seven have assigned a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus price target of GBX 341.64 ($4.27).

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

Shares of Mitchells & Butlers plc (LON:MAB) opened at 248.50 on Tuesday. The stock’s market cap is GBX 1.03 billion. Mitchells & Butlers plc has a one year low of GBX 207.00 and a one year high of GBX 350.00. The firm has a 50-day moving average of GBX 276.74 and a 200-day moving average of GBX 265.61.

The business also recently announced 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 represents a yield of 1.89%. The ex-dividend date is Thursday, December 1st. This is an increase from Mitchells & Butlers plc’s previous dividend of $2.50.

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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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