Mitchells & Butlers (LON:MAB) Insider Timothy (Tim) Charles Jones Purchases 52 Shares

Mitchells & Butlers plc (LON:MAB) insider Timothy (Tim) Charles Jones acquired 52 shares of the firm’s stock in a transaction on Friday, August 15th. The shares were acquired at an average price of GBX 264 per share, with a total value of £137.28.

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

• On Friday, July 18th, Timothy (Tim) Charles Jones acquired 50 shares of Mitchells & Butlers stock. The shares were acquired at an average price of GBX 278 per share, with a total value of £139.
• On Thursday, June 19th, Timothy (Tim) Charles Jones acquired 49 shares of Mitchells & Butlers stock. The shares were acquired at an average price of GBX 279 per share, with a total value of £136.71.

Mitchells & Butlers Price Performance

MAB opened at GBX 267.50 on Thursday. The company has a market cap of £1.59 billion, a P/E ratio of 35.43, a P/E/G ratio of 2.76 and a beta of 1.71. The company has a 50 day moving average of GBX 279.09 and a two-hundred day moving average of GBX 255.13. The company has a quick ratio of 0.46, a current ratio of 0.46 and a debt-to-equity ratio of 63.56. Mitchells & Butlers plc has a 52-week low of GBX 194.40 and a 52-week high of GBX 313.

Mitchells & Butlers (LON:MAB) last announced its earnings results on Thursday, May 22nd. The company reported GBX 16.80 earnings per share for the quarter. Mitchells & Butlers had a net margin of 1.72% and a return on equity of 1.89%. On average, analysts expect that Mitchells & Butlers plc will post 26.6341463 earnings per share for the current year.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on MAB shares. Deutsche Bank Aktiengesellschaft upped their target price on shares of Mitchells & Butlers from GBX 280 to GBX 300 and gave the company a “hold” rating in a research note on Friday, July 25th. Peel Hunt reiterated a “buy” rating and set a GBX 375 price objective on shares of Mitchells & Butlers in a research note on Friday, July 25th. Finally, Shore Capital reiterated a “buy” rating on shares of Mitchells & Butlers in a research note on Friday, July 25th. Two research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has an average 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.