Mitchells & Butlers (LON:MAB) Insider Acquires £139.15 in Stock

Mitchells & Butlers plc (LON:MAB) insider Phil Urban bought 55 shares of the firm’s stock in a transaction that occurred on Friday, October 10th. The stock was bought at an average cost of GBX 253 per share, for a total transaction of £139.15.

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

• On Friday, September 12th, Phil Urban purchased 52 shares of Mitchells & Butlers stock. The stock was bought at an average price of GBX 262 per share, with a total value of £136.24.
• On Friday, August 15th, Phil Urban acquired 52 shares of Mitchells & Butlers stock. The stock was bought at an average cost of GBX 264 per share, for a total transaction of £137.28.
• On Friday, July 18th, Phil Urban acquired 50 shares of Mitchells & Butlers stock. The shares were bought at an average cost of GBX 278 per share, for a total transaction of £139.

Mitchells & Butlers Trading Down 1.8%

Shares of LON:MAB opened at GBX 246 on Thursday. The stock has a 50 day moving average of GBX 258.42 and a 200 day moving average of GBX 263.81. The company has a market cap of £1.46 billion, a PE ratio of 878.57, a price-to-earnings-growth ratio of 2.76 and a beta of 1.71. Mitchells & Butlers plc has a 12-month low of GBX 194.40 and a 12-month high of GBX 308. The company has a current ratio of 0.46, a quick ratio of 0.46 and a debt-to-equity ratio of 63.56.

Analyst Ratings Changes

A number of analysts have recently issued reports on the stock. Deutsche Bank Aktiengesellschaft increased their price objective on shares of Mitchells & Butlers from GBX 280 to GBX 300 and gave the stock a “hold” rating in a research note on Friday, July 25th. Peel Hunt reaffirmed a “buy” rating and issued a GBX 375 target price on shares of Mitchells & Butlers in a report on Friday, July 25th. Finally, Shore Capital reissued a “buy” rating on shares of Mitchells & Butlers in a report on Thursday, September 25th. Two equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of GBX 337.50.

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.