Mitchells & Butlers (LON:MAB) Insider Acquires £138.33 in Stock

Mitchells & Butlers plc (LON:MAB) insider Phil Urban bought 53 shares of the company’s stock in a transaction that occurred on Friday, January 2nd. The stock was purchased at an average price of GBX 261 per share, for a total transaction of £138.33.

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

• On Friday, December 12th, Phil Urban sold 57,217 shares of Mitchells & Butlers stock. The stock was sold at an average price of GBX 256, for a total value of £146,475.52.
• On Thursday, December 11th, Phil Urban sold 194,357 shares of Mitchells & Butlers stock. The stock was sold at an average price of GBX 260, for a total value of £505,328.20.
• On Friday, December 5th, Phil Urban acquired 52 shares of Mitchells & Butlers stock. The stock was acquired at an average cost of GBX 264 per share, for a total transaction of £137.28.
• On Friday, November 7th, Phil Urban bought 57 shares of Mitchells & Butlers stock. The shares were acquired at an average price of GBX 243 per share, for a total transaction of £138.51.
• On Friday, October 10th, Phil Urban bought 55 shares of Mitchells & Butlers stock. The stock was acquired at an average price of GBX 253 per share, with a total value of £139.15.

Mitchells & Butlers Trading Up 0.4%

MAB traded up GBX 1 during trading on Monday, hitting GBX 265.50. The company’s stock had a trading volume of 121,922 shares, compared to its average volume of 1,434,024. Mitchells & Butlers plc has a twelve month low of GBX 194.40 and a twelve month high of GBX 308. The company has a quick ratio of 0.46, a current ratio of 0.46 and a debt-to-equity ratio of 63.56. The stock’s fifty day moving average price is GBX 254.76 and its 200-day moving average price is GBX 262.55. The firm has a market capitalization of £1.58 billion, a P/E ratio of 9.00, a PEG ratio of 2.76 and a beta of 1.71.

Mitchells & Butlers (LON:MAB) last announced its quarterly earnings data on Friday, November 28th. The company reported GBX 30.90 EPS for the quarter. Mitchells & Butlers had a net margin of 1.72% and a return on equity of 1.89%. Analysts anticipate that Mitchells & Butlers plc will post 26.6341463 EPS for the current year.

Wall Street Analyst Weigh In

MAB has been the topic of a number of research analyst reports. JPMorgan Chase & Co. reissued a “neutral” rating and set a GBX 340 price objective on shares of Mitchells & Butlers in a research report on Tuesday, December 2nd. Shore Capital reaffirmed a “buy” rating on shares of Mitchells & Butlers in a research note on Friday, November 28th. Finally, Panmure Gordon reissued a “buy” rating and issued a GBX 390 price objective on shares of Mitchells & Butlers in a research note on Tuesday, December 2nd. Three equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price 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.