Mitchells & Butlers (LON:MAB) Insider Sells £122,493.44 in Stock

Mitchells & Butlers plc (LON:MAB) insider Timothy (Tim) Charles Jones sold 47,849 shares of the stock in a transaction on Friday, December 12th. The stock was sold at an average price of GBX 256, for a total value of £122,493.44.

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

• On Thursday, December 11th, Timothy (Tim) Charles Jones sold 162,679 shares of Mitchells & Butlers stock. The stock was sold at an average price of GBX 260, for a total transaction of £422,965.40.
• On Friday, November 7th, Timothy (Tim) Charles Jones acquired 57 shares of Mitchells & Butlers stock. The shares were acquired at an average price of GBX 243 per share, with a total value of £138.51.
• On Friday, October 10th, Timothy (Tim) Charles Jones bought 54 shares of Mitchells & Butlers stock. The stock was acquired at an average price of GBX 253 per share, for a total transaction of £136.62.

Mitchells & Butlers Stock Up 0.2%

MAB stock traded up GBX 0.50 during mid-day trading on Monday, reaching GBX 256. 375,404 shares of the company traded hands, compared to its average volume of 625,379. The stock has a market cap of £1.52 billion, a price-to-earnings ratio of 8.68, a P/E/G ratio of 2.76 and a beta of 1.71. Mitchells & Butlers plc has a fifty-two week low of GBX 194.40 and a fifty-two week high of GBX 308. The firm’s 50 day moving average price is GBX 250.48 and its 200 day moving average price is GBX 264.80. 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 (LON:MAB) last announced its quarterly earnings results on Friday, November 28th. The company reported GBX 30.90 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 predict that Mitchells & Butlers plc will post 26.6341463 EPS for the current fiscal year.

Analysts Set New Price Targets

MAB has been the topic of several analyst reports. JPMorgan Chase & Co. restated a “neutral” rating and set a GBX 340 price target on shares of Mitchells & Butlers in a report on Tuesday, December 2nd. Panmure Gordon restated a “buy” rating and issued a GBX 390 target price on shares of Mitchells & Butlers in a research note on Tuesday, December 2nd. Finally, Shore Capital reaffirmed a “buy” rating on shares of Mitchells & Butlers in a research report on Friday, November 28th. Three investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of GBX 351.25.

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.