Phil Urban Buys 58 Shares of Mitchells & Butlers (LON:MAB) Stock

Mitchells & Butlers plc (LON:MAB) insider Phil Urban bought 58 shares of the business’s stock in a transaction dated Friday, June 19th. The shares were acquired at an average cost of GBX 239 per share, for a total transaction of £138.62.

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

• On Friday, May 22nd, Phil Urban purchased 60 shares of Mitchells & Butlers stock. The stock was acquired at an average price of GBX 230 per share, for a total transaction of £138.
• On Friday, April 24th, Phil Urban acquired 53 shares of Mitchells & Butlers stock. The stock was acquired at an average cost of GBX 258 per share, for a total transaction of £136.74.

Mitchells & Butlers Stock Performance

MAB stock opened at GBX 238 on Tuesday. Mitchells & Butlers plc has a twelve month low of GBX 223.50 and a twelve month high of GBX 308. The firm has a market cap of £1.41 billion, a price-to-earnings ratio of 7.78, a PEG ratio of 2.76 and a beta of 1.29. The business’s fifty day simple moving average is GBX 249.24 and its two-hundred day simple moving average is GBX 263.13. The company has a quick ratio of 0.46, a current ratio of 0.48 and a debt-to-equity ratio of 47.97.

Mitchells & Butlers (LON:MAB) last issued its earnings results on Thursday, May 21st. The company reported GBX 17.40 earnings per share (EPS) for the quarter. The firm had revenue of GBX 149 billion during the quarter. Mitchells & Butlers had a net margin of 6.70% and a return on equity of 6.41%. Analysts predict that Mitchells & Butlers plc will post 26.6341463 earnings per share for the current year.

Analyst Upgrades and Downgrades

MAB has been the topic of several research reports. Berenberg Bank restated a “buy” rating and set a GBX 1,150 price objective on shares of Mitchells & Butlers in a report on Monday, March 30th. Jefferies Financial Group reiterated a “buy” rating and issued a GBX 355 target price on shares of Mitchells & Butlers in a report on Thursday, May 21st. Five analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, Mitchells & Butlers currently has a consensus rating of “Moderate Buy” and an average price target of GBX 485.

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.