Mitchells & Butlers’ (MAB) “Buy” Rating Reiterated at Peel Hunt

Peel Hunt reissued their buy rating on shares of Mitchells & Butlers (LON:MAB) in a research note published on Friday morning, MarketBeat Ratings reports. Peel Hunt currently has a GBX 375 ($5.04) price target on the stock.

Separately, Shore Capital reaffirmed a “buy” rating on shares of Mitchells & Butlers in a research note on Friday.

Mitchells & Butlers Stock Down 1.6%

Shares of LON MAB opened at GBX 283.50 ($3.81) on Friday. The stock has a market cap of £1.68 billion, a PE ratio of 37.55, a PEG ratio of 2.76 and a beta of 1.71. The business has a fifty day moving average of GBX 283.50 and a two-hundred day moving average of GBX 250.81. Mitchells & Butlers has a 52-week low of GBX 194.40 ($2.61) and a 52-week high of GBX 320 ($4.30). The company has a debt-to-equity ratio of 63.56, a quick ratio of 0.46 and a current ratio of 0.46.

Mitchells & Butlers (LON:MAB) last released its quarterly earnings results on Thursday, May 22nd. The company reported GBX 16.80 ($0.23) earnings per share (EPS) for the quarter. Mitchells & Butlers had a return on equity of 1.89% and a net margin of 1.72%. As a group, equities research analysts expect that Mitchells & Butlers will post 26.6341463 earnings per share for the current fiscal year.

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.