Mitchells & Butlers (LON:MAB) Insider Purchases £137.28 in Stock

Mitchells & Butlers plc (LON:MAB) insider Phil Urban purchased 52 shares of the stock in a transaction on Friday, December 5th. The shares were purchased at an average cost of GBX 264 per share, for a total transaction of £137.28.

Phil Urban also recently made the following trade(s):

• On Friday, November 7th, Phil Urban acquired 57 shares of Mitchells & Butlers stock. The stock was purchased at an average cost of GBX 243 per share, with a total value of £138.51.
• On Friday, October 10th, Phil Urban acquired 55 shares of Mitchells & Butlers stock. The stock was purchased at an average cost of GBX 253 per share, with a total value of £139.15.
• On Friday, September 12th, Phil Urban acquired 52 shares of Mitchells & Butlers stock. The shares were purchased at an average price of GBX 262 per share, for a total transaction of £136.24.

Mitchells & Butlers Stock Up 0.8%

MAB opened at GBX 256 on Thursday. The stock has a market cap of £1.52 billion, a price-to-earnings ratio of 8.68, a price-to-earnings-growth ratio of 2.76 and a beta of 1.71. The company has a debt-to-equity ratio of 63.56, a quick ratio of 0.46 and a current ratio of 0.46. The firm’s fifty day moving average is GBX 250.11 and its 200 day moving average is GBX 265.36. Mitchells & Butlers plc has a fifty-two week low of GBX 194.40 and a fifty-two week high of GBX 308.

Mitchells & Butlers (LON:MAB) last posted its quarterly earnings results on Friday, November 28th. The company reported GBX 30.90 EPS for the quarter. Mitchells & Butlers had a return on equity of 1.89% and a net margin of 1.72%. On average, sell-side analysts forecast that Mitchells & Butlers plc will post 26.6341463 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of research analysts recently commented on the company. Shore Capital reissued a “buy” rating on shares of Mitchells & Butlers in a report on Friday, November 28th. Panmure Gordon reiterated a “buy” rating and set a GBX 390 price objective on shares of Mitchells & Butlers in a research report on Tuesday, December 2nd. Finally, JPMorgan Chase & Co. reissued a “neutral” rating and issued a GBX 340 target price on shares of Mitchells & Butlers in a report on Tuesday, December 2nd. Three investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, Mitchells & Butlers presently has an average rating of “Moderate Buy” and an average price target of GBX 351.25.

About Mitchells & Butlers

Mitchells & Butlers is a leading operator of managed restaurants and pubs in the UK. It listed on the London Stock Exchange in April 2003 and is a member of the FTSE 250. Its restaurants and pubs have some of the highest average sales and profits per site in the industry and it operates the best portfolio of brands in the UK.