Mitchells & Butlers (LON:MAB) Given New GBX 225 Price Target at JPMorgan Chase & Co.

Mitchells & Butlers (LON:MABGet Rating) had its price target dropped by equities research analysts at JPMorgan Chase & Co. from GBX 276 ($3.47) to GBX 225 ($2.83) in a research note issued to investors on Wednesday, Marketbeat.com reports. The brokerage currently has a “neutral” rating on the stock. JPMorgan Chase & Co.‘s price target indicates a potential upside of 14.25% from the company’s current price.

A number of other equities analysts have also recently issued reports on the stock. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a GBX 270 ($3.40) target price on shares of Mitchells & Butlers in a report on Thursday, May 19th. Peel Hunt reissued a “buy” rating and issued a GBX 310 ($3.90) price target on shares of Mitchells & Butlers in a report on Tuesday, April 12th. Finally, Morgan Stanley restated an “overweight” rating on shares of Mitchells & Butlers in a research note on Wednesday, May 11th. Two research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Buy” and a consensus target price of GBX 325.83 ($4.10).

LON MAB opened at GBX 196.94 ($2.48) on Wednesday. The company has a debt-to-equity ratio of 107.99, a quick ratio of 0.46 and a current ratio of 0.53. Mitchells & Butlers has a one year low of GBX 191.90 ($2.41) and a one year high of GBX 326.20 ($4.10). The company has a 50-day simple moving average of GBX 226.83 and a 200-day simple moving average of GBX 236.90. The firm has a market capitalization of £1.18 billion and a PE ratio of -17.12.

Mitchells & Butlers Company Profile (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.

See Also

Analyst Recommendations for Mitchells & Butlers (LON:MAB)

Receive News & Ratings for Mitchells & Butlers Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mitchells & Butlers and related companies with MarketBeat.com's FREE daily email newsletter.