Mitchells & Butlers (LON:MAB) Insider Buys £139.23 in Stock

Mitchells & Butlers plc (LON:MAB) insider Phil Urban bought 51 shares of the company’s stock in a transaction on Friday, September 11th. The shares were bought at an average cost of GBX 273 per share, for a total transaction of £139.23.

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

• On Friday, August 14th, Phil Urban purchased 48 shares of Mitchells & Butlers stock. The stock was bought at an average cost of GBX 285 per share, with a total value of £136.80.
• On Friday, July 17th, Phil Urban acquired 52 shares of Mitchells & Butlers stock. The shares were bought at an average price of GBX 267 per share, with a total value of £138.84.
• On Friday, June 19th, Phil Urban acquired 58 shares of Mitchells & Butlers stock. The shares were bought at an average cost of GBX 239 per share, for a total transaction of £138.62.

Mitchells & Butlers Price Performance

MAB opened at GBX 270.50 on Thursday. The firm has a market capitalization of £1.61 billion, a PE ratio of 8.84, a price-to-earnings-growth ratio of 2.76 and a beta of 1.29. The company has a debt-to-equity ratio of 47.97, a current ratio of 0.48 and a quick ratio of 0.46. The business’s 50-day moving average is GBX 275.45 and its two-hundred day moving average is GBX 262.78. Mitchells & Butlers plc has a 1 year low of GBX 223.50 and a 1 year high of GBX 301.50.

Analyst Ratings Changes

Separately, Jefferies Financial Group reiterated a “buy” rating and set a GBX 355 price objective on shares of Mitchells & Butlers in a research note on Thursday, May 21st. Four analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, Mitchells & Butlers presently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 558.75.

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.