Amanda Brown Buys 30,000 Shares of Mitchells & Butlers (LON:MAB) Stock

Mitchells & Butlers plc (LON:MAB) insider Amanda Brown bought 30,000 shares of the firm’s stock in a transaction dated Tuesday, May 26th. The shares were acquired at an average price of GBX 236 per share, with a total value of £70,800.

Mitchells & Butlers Stock Performance

MAB stock opened at GBX 238 on Tuesday. 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 has a 50-day moving average price of GBX 258.48 and a 200 day moving average price of GBX 264.93. The company has a market capitalization of £1.41 billion, a P/E ratio of 8.07, a PEG ratio of 2.76 and a beta of 1.30. Mitchells & Butlers plc has a 1-year low of GBX 228 and a 1-year high of GBX 308.

Mitchells & Butlers (LON:MAB) last released its quarterly earnings data on Thursday, May 21st. The company reported GBX 17.40 earnings per share for the quarter. The firm had revenue of GBX 149 billion during the quarter. Mitchells & Butlers had a return on equity of 6.41% and a net margin of 6.70%. As a group, equities research analysts forecast that Mitchells & Butlers plc will post 26.6341463 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on MAB shares. Berenberg Bank restated a “buy” rating and issued a GBX 1,150 price objective on shares of Mitchells & Butlers in a report on Monday, March 30th. Jefferies Financial Group restated a “buy” rating and issued a GBX 355 price objective on shares of Mitchells & Butlers in a report on Thursday, May 21st. Five investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of GBX 485.

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.