Mitchells & Butlers plc’s (MAB) “Sell” Rating Reaffirmed at Citigroup Inc.
Mitchells & Butlers plc (LON:MAB)‘s stock had its “sell” rating restated by research analysts at Citigroup Inc. in a research report issued on Friday.
A number of other analysts have also recently commented on the stock. J P Morgan Chase & Co lowered their price objective on shares of Mitchells & Butlers plc from GBX 280 ($3.68) to GBX 260 ($3.42) and set a “neutral” rating for the company in a research report on Friday, July 28th. Numis Securities Ltd upgraded shares of Mitchells & Butlers plc to a “hold” rating and set a GBX 255 ($3.35) price objective for the company in a research report on Thursday, July 27th. Barclays PLC restated an “underweight” rating and issued a GBX 220 ($2.89) price objective on shares of Mitchells & Butlers plc in a research report on Monday, September 11th. Shore Capital restated a “hold” rating on shares of Mitchells & Butlers plc in a research report on Thursday, July 27th. Finally, Peel Hunt restated an “add” rating and issued a GBX 260 ($3.42) price objective on shares of Mitchells & Butlers plc in a research report on Thursday, September 21st. Three investment analysts have rated the stock with a sell rating, nine have given a hold rating and two have issued a buy rating to the stock. Mitchells & Butlers plc currently has a consensus rating of “Hold” and a consensus price target of GBX 271.27 ($3.57).
Shares of Mitchells & Butlers plc (MAB) opened at GBX 245.45 ($3.23) on Friday. Mitchells & Butlers plc has a 1 year low of GBX 218 ($2.87) and a 1 year high of GBX 280 ($3.68).
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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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