Shore Capital Reaffirms Buy Rating for Mitchells & Butlers (LON:MAB)

Shore Capital reissued their buy rating on shares of Mitchells & Butlers (LON:MAB) in a report published on Thursday morning, MarketBeat.com reports.

Mitchells & Butlers Trading Up 0.0%

Shares of Mitchells & Butlers stock opened at GBX 281.55 ($3.81) on Thursday. The business has a fifty day simple moving average of GBX 242.40 and a two-hundred day simple moving average of GBX 237.71. Mitchells & Butlers has a 1 year low of GBX 194.40 ($2.63) and a 1 year high of GBX 320 ($4.33). The company has a market capitalization of £1.67 billion, a price-to-earnings ratio of 37.29, a P/E/G ratio of 2.76 and a beta of 1.71. The company has a debt-to-equity ratio of 63.56, a current ratio of 0.46 and a quick ratio of 0.46.

Mitchells & Butlers (LON:MAB) last announced its quarterly earnings results on Thursday, May 22nd. The company reported GBX 16.80 ($0.23) earnings per share (EPS) for the quarter. Mitchells & Butlers had a return on equity of 1.89% and a net margin of 1.72%. Research analysts forecast that Mitchells & Butlers will post 26.6341463 EPS for the current year.

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.