Insider Buying: Mitchells & Butlers (LON:MAB) Insider Acquires £136.23 in Stock

Mitchells & Butlers plc (LON:MAB) insider Timothy (Tim) Charles Jones bought 57 shares of Mitchells & Butlers stock in a transaction dated Friday, June 19th. The shares were acquired at an average cost of GBX 239 per share, with a total value of £136.23.

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

• On Friday, April 24th, Timothy (Tim) Charles Jones bought 54 shares of Mitchells & Butlers stock. The shares were acquired at an average price of GBX 258 per share, for a total transaction of £139.32.

Mitchells & Butlers Price Performance

Mitchells & Butlers stock opened at GBX 238 on Tuesday. The company’s fifty day moving average price is GBX 249.24 and its 200 day moving average price is GBX 263.13. Mitchells & Butlers plc has a 1 year low of GBX 223.50 and a 1 year high of GBX 308. The stock has a market capitalization of £1.41 billion, a P/E ratio of 7.78, a P/E/G ratio of 2.76 and a beta of 1.29. The company has a debt-to-equity ratio of 47.97, a quick ratio of 0.46 and a current ratio of 0.48.

Mitchells & Butlers (LON:MAB) last posted its quarterly earnings data 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 6.70% and a return on equity of 6.41%. As a group, equities research analysts anticipate that Mitchells & Butlers plc will post 26.6341463 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on the stock. Jefferies Financial Group restated a “buy” rating and set a GBX 355 price target on shares of Mitchells & Butlers in a research report on Thursday, May 21st. Berenberg Bank reiterated a “buy” rating and set a GBX 1,150 price objective on shares of Mitchells & Butlers in a research note on Monday, March 30th. Five research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, Mitchells & Butlers presently has an average rating of “Moderate Buy” and an average price target of GBX 485.

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.