Mitchells & Butlers’ (MAB) Buy Rating Reiterated at Shore Capital

Shore Capital reissued their buy rating on shares of Mitchells & Butlers (LON:MAB) in a report released on Thursday morning,London Stock Exchange reports.

Separately, JPMorgan Chase & Co. reissued a “neutral” rating on shares of Mitchells & Butlers in a research note on Wednesday, September 11th.

Mitchells & Butlers Stock Up 0.4 %

MAB stock opened at GBX 246.50 ($3.10) on Thursday. The company has a debt-to-equity ratio of 78.60, a current ratio of 0.47 and a quick ratio of 0.46. The firm has a market capitalization of £1.46 billion, a P/E ratio of 3,521.43, a P/E/G ratio of 2.76 and a beta of 1.71. Mitchells & Butlers has a 52-week low of GBX 220 ($2.76) and a 52-week high of GBX 320 ($4.02). The company’s 50 day simple moving average is GBX 249.88 and its 200-day simple moving average is GBX 281.42.

Insider Activity at Mitchells & Butlers

In other news, insider Phil Urban sold 106,910 shares of the firm’s stock in a transaction dated Monday, December 2nd. The stock was sold at an average price of GBX 246 ($3.09), for a total transaction of £262,998.60 ($330,524.82). Also, insider Dave Coplin acquired 1,360 shares of the company’s stock in a transaction that occurred on Friday, November 29th. The stock was purchased at an average price of GBX 246 ($3.09) per share, for a total transaction of £3,345.60 ($4,204.60). Over the last three months, insiders have purchased 1,467 shares of company stock valued at $362,083. Corporate insiders own 57.51% of the company’s stock.

Mitchells & Butlers Company Profile

Mitchells & Butlers plc engages in the management of pubs, bars, and restaurants in the United Kingdom and Germany. The company operates its pubs and restaurants under the Alex, All Bar One, Browns, Castle, EGO, Ember Inns, Harvester, High Street, Innkeeper’s Lodge, Miller & Carter, Nicholson’s, O’Neill’s, Premium Country Pubs, Sizzling Pubs, Suburban, Stonehouse Pizza & Carvery, Toby Carvery, and Vintage Inns brands and formats.