Mitchells & Butlers (LON:MAB) Reaches New 1-Year Low – Here’s Why

Shares of Mitchells & Butlers plc (LON:MAB) reached a new 52-week low on Thursday . The stock traded as low as GBX 230 and last traded at GBX 230.90, with a volume of 203901 shares. The stock had previously closed at GBX 252.50.

Analyst Ratings Changes

Separately, Berenberg Bank restated a “buy” rating and issued a GBX 1,150 price target on shares of Mitchells & Butlers in a research note on Monday, March 30th. Four investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 511.

Mitchells & Butlers Stock Performance

The company has a quick ratio of 0.46, a current ratio of 0.47 and a debt-to-equity ratio of 53.55. The business has a 50 day simple moving average of GBX 261.35 and a two-hundred day simple moving average of GBX 265.14. The firm has a market cap of £1.37 billion, a PE ratio of 7.81, a price-to-earnings-growth ratio of 2.76 and a beta of 1.30.

Mitchells & Butlers Company Profile

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.