Mitchells & Butlers plc (LON:MAB)‘s stock had its “neutral” rating reiterated by investment analysts at JPMorgan Chase & Co. in a research report issued on Wednesday. They currently have a GBX 260 ($3.25) price target on the stock. JPMorgan Chase & Co.’s price objective would indicate a potential upside of 5.65% from the company’s current price.

Other equities analysts have also recently issued reports about the company. Beaufort Securities cut Mitchells & Butlers plc to a “hold” rating in a report on Wednesday. Shore Capital reiterated a “hold” rating on shares of Mitchells & Butlers plc in a report on Thursday, September 22nd. Canaccord Genuity reiterated a “buy” rating and issued a GBX 350 ($4.37) price objective on shares of Mitchells & Butlers plc in a report on Thursday, September 22nd. HSBC cut their price objective 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, Panmure Gordon reiterated a “hold” rating and issued a GBX 280 ($3.50) price objective on shares of Mitchells & Butlers plc in a report on Thursday, September 22nd. Two equities 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. Mitchells & Butlers plc 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 243.32 on Wednesday. The company’s market cap is GBX 1.00 billion. The stock’s 50 day moving average price is GBX 275.61 and its 200 day moving average price is GBX 265.48. Mitchells & Butlers plc has a 12-month low of GBX 207.00 and a 12-month high of GBX 350.00.

The business also recently disclosed a dividend, which will be paid on Tuesday, February 7th. Investors 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 of this dividend is Thursday, December 1st. This is a positive change from Mitchells & Butlers plc’s previous dividend of $2.50.

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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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