Mitchells & Butlers plc (LON:MAB) Receives Average Recommendation of “Buy” from Brokerages

Mitchells & Butlers plc (LON:MABGet Rating) has received a consensus recommendation of “Buy” from the nine research firms that are covering the company, MarketBeat.com reports. Three equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company. The average 12-month price target among brokerages that have covered the stock in the last year is GBX 334.43 ($4.12).

MAB has been the topic of several recent research reports. Peel Hunt restated a “buy” rating and issued a GBX 310 ($3.82) price target on shares of Mitchells & Butlers in a research note on Tuesday, April 12th. Deutsche Bank Aktiengesellschaft initiated coverage on Mitchells & Butlers in a research note on Tuesday, May 3rd. They issued a “buy” rating and a GBX 270 ($3.33) price target on the stock. Finally, Morgan Stanley restated an “overweight” rating on shares of Mitchells & Butlers in a research note on Wednesday, May 11th.

Mitchells & Butlers stock opened at GBX 202.80 ($2.50) on Thursday. The company has a quick ratio of 0.46, a current ratio of 0.53 and a debt-to-equity ratio of 107.99. The company has a market capitalization of £1.21 billion and a P/E ratio of -17.64. The stock’s 50 day moving average is GBX 228.87 and its 200 day moving average is GBX 238.57. Mitchells & Butlers has a twelve month low of GBX 191.90 ($2.37) and a twelve month high of GBX 326.20 ($4.02).

About Mitchells & Butlers (Get Rating)

Mitchells & Butlers plc manages 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, Ember Inns, Harvester, Innkeeper's Lodge, Miller & Carter, Nicholson's, O'Neill's, Premium Country Pubs, Sizzling Pubs, Stonehouse Pizza & Carvery, Toby Carvery, and Vintage Inns brands and formats.

Further Reading

Analyst Recommendations for Mitchells & Butlers (LON:MAB)

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