Mitchells & Butlers plc (LON:MAB) was downgraded by research analysts at Beaufort Securities to a “hold” rating in a research note issued to investors on Wednesday.

MAB has been the subject of a number of other reports. Shore Capital reissued a “hold” rating on shares of Mitchells & Butlers plc in a research report on Thursday, September 22nd. Canaccord Genuity dropped their price objective on Mitchells & Butlers plc from GBX 360 ($4.50) to GBX 350 ($4.37) and set a ” buy” rating on the stock in a report on Thursday, July 28th. Panmure Gordon restated a “hold” rating and issued a GBX 280 ($3.50) price objective on shares of Mitchells & Butlers plc in a report on Friday, September 9th. HSBC increased 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. Finally, JPMorgan Chase & Co. increased their price objective on Mitchells & Butlers plc from GBX 240 ($3.00) to GBX 260 ($3.25) and gave the stock a “neutral” rating in a report on Thursday, July 28th. Two research analysts have rated the stock with a sell rating, seven have given a hold rating and seven have issued a buy rating to the company. Mitchells & Butlers plc currently has a consensus rating of “Hold” and an average 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 243.32 on Wednesday. Mitchells & Butlers plc has a 12-month low of GBX 207.00 and a 12-month high of GBX 350.00. The firm’s market capitalization is GBX 1.00 billion. The company has a 50-day moving average of GBX 275.61 and a 200 day moving average of GBX 265.48.

The company also recently announced a dividend, which will be paid on Tuesday, February 7th. Investors of record on Thursday, December 1st will be given a GBX 5 ($0.06) dividend. This is a boost from Mitchells & Butlers plc’s previous dividend of $2.50. This represents a yield of 1.89%. The ex-dividend date is Thursday, December 1st.

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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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