Mitchells & Butlers (LON:MAB) Receives “Buy” Rating from Jefferies Financial Group

Mitchells & Butlers (LON:MAB)‘s stock had its “buy” rating restated by investment analysts at Jefferies Financial Group in a research report issued to clients and investors on Thursday,Digital Look reports. They currently have a GBX 355 target price on the stock. Jefferies Financial Group’s price target suggests a potential upside of 53.97% from the stock’s previous close.

Separately, Berenberg Bank reiterated a “buy” rating and issued a GBX 1,150 target price on shares of Mitchells & Butlers in a research note on Monday, March 30th. Five equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of GBX 485.

Mitchells & Butlers Stock Performance

MAB opened at GBX 230.57 on Thursday. The company has a current ratio of 0.47, a quick ratio of 0.46 and a debt-to-equity ratio of 53.55. Mitchells & Butlers has a 12-month low of GBX 229 and a 12-month high of GBX 308. The firm has a 50 day moving average of GBX 261.35 and a two-hundred day moving average of GBX 265.14. The firm has a market capitalization of £1.37 billion, a PE ratio of 7.82, a P/E/G ratio of 2.76 and a beta of 1.30.

Mitchells & Butlers (LON:MAB) last issued its quarterly earnings data on Thursday, May 21st. The company reported GBX 17.40 earnings per share (EPS) for the quarter. Mitchells & Butlers had a return on equity of 6.46% and a net margin of 6.53%.The business had revenue of GBX 149 billion during the quarter. On average, analysts anticipate that Mitchells & Butlers will post 26.6341463 EPS for the current year.

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.