Peel Hunt Raises Mitchells & Butlers plc (MAB) Price Target to GBX 300
Mitchells & Butlers plc (LON:MAB) had its price target hoisted by Peel Hunt from GBX 260 ($3.43) to GBX 300 ($3.96) in a research report report published on Wednesday. They currently have an add rating on the stock.
Several other research firms have also recently issued reports on MAB. J P Morgan Chase & Co decreased their price target on shares of Mitchells & Butlers plc from GBX 280 ($3.69) to GBX 260 ($3.43) and set a neutral rating on the stock in a research note on Friday, July 28th. Deutsche Bank AG reaffirmed a hold rating and set a GBX 245 ($3.23) price target on shares of Mitchells & Butlers plc in a research note on Wednesday, October 18th. Barclays PLC reaffirmed an underweight rating and set a GBX 220 ($2.90) price target on shares of Mitchells & Butlers plc in a research note on Monday, September 11th. HSBC Holdings plc raised their price target on shares of Mitchells & Butlers plc from GBX 260 ($3.43) to GBX 265 ($3.50) and gave the stock a hold rating in a research note on Friday, September 1st. Finally, Shore Capital reaffirmed a hold rating on shares of Mitchells & Butlers plc in a research note on Thursday, September 21st. Two research analysts have rated the stock with a sell rating, ten have given a hold rating and two have issued a buy rating to the company’s stock. The stock presently has a consensus rating of Hold and a consensus price target of GBX 272 ($3.59).
Mitchells & Butlers plc (MAB) opened at 255.50 on Wednesday. The firm’s market capitalization is GBX 1.06 billion. The firm has a 50-day moving average of GBX 248.73 and a 200 day moving average of GBX 244.49. Mitchells & Butlers plc has a 12-month low of GBX 218.00 and a 12-month high of GBX 293.00.
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About Mitchells & Butlers plc
Mitchells & Butlers plc is an operator of managed restaurants and pubs. The Company’s portfolio of brands and formats includes Harvester, Toby Carvery, All Bar One, Miller & Carter, Premium Country Pubs, Sizzling Pubs, Crown Carveries, Stonehouse, Vintage Inns, Browns, Castle, Nicholson’s, O’Neill’s and Ember Inns.
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