Mitchells & Butlers (LON:MAB) Insider Timothy (Tim) Charles Jones Acquires 57 Shares

Mitchells & Butlers plc (LON:MAB) insider Timothy (Tim) Charles Jones acquired 57 shares of the company’s stock in a transaction on Friday, November 7th. The shares were bought at an average price of GBX 243 per share, with a total value of £138.51.

Timothy (Tim) Charles Jones also recently made the following trade(s):

• On Friday, October 10th, Timothy (Tim) Charles Jones purchased 54 shares of Mitchells & Butlers stock. The shares were purchased at an average cost of GBX 253 per share, with a total value of £136.62.
• On Friday, September 12th, Timothy (Tim) Charles Jones acquired 53 shares of Mitchells & Butlers stock. The shares were purchased at an average cost of GBX 262 per share, for a total transaction of £138.86.
• On Friday, August 15th, Timothy (Tim) Charles Jones acquired 52 shares of Mitchells & Butlers stock. The stock was acquired at an average price of GBX 264 per share, with a total value of £137.28.

Mitchells & Butlers Price Performance

Mitchells & Butlers stock traded up GBX 1.50 on Monday, reaching GBX 238. The company’s stock had a trading volume of 49,167 shares, compared to its average volume of 573,800. Mitchells & Butlers plc has a twelve month low of GBX 194.40 and a twelve month high of GBX 308. The company has a market cap of £1.41 billion, a price-to-earnings ratio of 8.50, a PEG ratio of 2.76 and a beta of 1.71. The company has a debt-to-equity ratio of 63.56, a quick ratio of 0.46 and a current ratio of 0.46. The business’s fifty day moving average price is GBX 251.56 and its 200 day moving average price is GBX 266.78.

Wall Street Analyst Weigh In

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