Mitchells & Butlers (LON:MAB) Trading Down 6.9% – Should You Sell?

Mitchells & Butlers plc (LON:MAB) shares traded down 6.9% on Friday . The company traded as low as GBX 228 and last traded at GBX 235. 8,766,488 shares changed hands during trading, an increase of 476% from the average session volume of 1,521,247 shares. The stock had previously closed at GBX 252.50.

Analyst Ratings Changes

A number of brokerages have issued reports on MAB. Berenberg Bank reiterated a “buy” rating and issued a GBX 1,150 price target on shares of Mitchells & Butlers in a research note on Monday, March 30th. Jefferies Financial Group reaffirmed a “buy” rating and issued a GBX 355 price objective on shares of Mitchells & Butlers in a research note on Thursday. Five equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of GBX 485.

Mitchells & Butlers Price 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 firm’s fifty day moving average price is GBX 260.39 and its 200 day moving average price is GBX 265.09. The stock has a market cap of £1.37 billion, a PE ratio of 7.81, a P/E/G ratio of 2.76 and a beta of 1.30.

Mitchells & Butlers (LON:MAB) last posted its earnings results on Thursday, May 21st. The company reported GBX 17.40 earnings per share for the quarter. The company had revenue of GBX 149 billion during the quarter. Mitchells & Butlers had a net margin of 6.53% and a return on equity of 6.46%. As a group, equities analysts expect that Mitchells & Butlers plc will post 26.6341463 EPS for the current fiscal 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.