Mitchells & Butlers plc (LON:MAB)‘s stock had its “buy” rating reiterated by analysts at AlphaValue in a note issued to investors on Monday. They presently have a GBX 304 ($3.80) price target on the stock. AlphaValue’s price objective suggests a potential upside of 26.35% from the stock’s current price.

Other analysts also recently issued reports about the company. JPMorgan Chase & Co. reissued a “neutral” rating and issued a GBX 260 ($3.25) target price on shares of Mitchells & Butlers plc in a research report on Wednesday, November 23rd. Shore Capital reiterated a “hold” rating on shares of Mitchells & Butlers plc in a research report on Thursday, September 22nd. Beaufort Securities cut Mitchells & Butlers plc to a “hold” rating in a research report on Wednesday, November 23rd. Canaccord Genuity reiterated a “buy” rating and issued a GBX 350 ($4.37) price target on shares of Mitchells & Butlers plc in a research report on Thursday, September 22nd. Finally, HSBC reduced their price target on Mitchells & Butlers plc from GBX 340 ($4.25) to GBX 275 ($3.44) and set a “buy” rating for the company in a research report on Monday, August 1st. Two research analysts have rated the stock with a sell rating, seven have assigned a hold rating and seven have given a buy rating to the stock. Mitchells & Butlers plc currently has a consensus rating of “Hold” and a consensus target price of GBX 335.43 ($4.19).

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

Mitchells & Butlers plc (LON:MAB) opened at 237.60 on Monday. The firm’s market cap is GBX 981.29 million. The firm has a 50-day moving average price of GBX 274.55 and a 200-day moving average price of GBX 265.31. Mitchells & Butlers plc has a one year low of GBX 207.00 and a one year high of GBX 350.00.

The business also recently announced a dividend, which will be paid on Tuesday, February 7th. Stockholders of record on Thursday, December 1st will be paid a GBX 5 ($0.06) dividend. This represents a dividend yield of 1.89%. The ex-dividend date is Thursday, December 1st. This is a positive change 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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