Mitchells & Butlers plc (LON:MAB) Receives Consensus Rating of “Moderate Buy” from Analysts

Shares of Mitchells & Butlers plc (LON:MABGet Rating) have been assigned an average rating of “Moderate Buy” from the seven research firms that are currently covering the stock, Marketbeat Ratings reports. Three investment analysts have rated the stock with a hold rating and four have issued a buy rating on the company. The average twelve-month price objective among analysts that have issued a report on the stock in the last year is GBX 269 ($3.25).

Several brokerages have recently weighed in on MAB. Berenberg Bank lowered shares of Mitchells & Butlers to a “hold” rating and decreased their target price for the company from GBX 350 ($4.23) to GBX 180 ($2.17) in a research report on Thursday, July 28th. Deutsche Bank Aktiengesellschaft reduced their price target on shares of Mitchells & Butlers from GBX 270 ($3.26) to GBX 230 ($2.78) and set a “buy” rating on the stock in a research report on Thursday, July 28th. Shore Capital restated a “hold” rating on shares of Mitchells & Butlers in a research report on Thursday, July 21st. Finally, JPMorgan Chase & Co. reduced their price target on shares of Mitchells & Butlers from GBX 276 ($3.33) to GBX 225 ($2.72) and set a “neutral” rating on the stock in a research report on Wednesday, May 25th.

Mitchells & Butlers Price Performance

Shares of Mitchells & Butlers stock opened at GBX 160.20 ($1.94) on Wednesday. The company has a debt-to-equity ratio of 95.47, a quick ratio of 0.46 and a current ratio of 0.50. The firm’s 50-day simple moving average is GBX 170.82 and its 200-day simple moving average is GBX 199.92. Mitchells & Butlers has a twelve month low of GBX 145.80 ($1.76) and a twelve month high of GBX 275 ($3.32). The firm has a market cap of £957.01 million and a P/E ratio of 552.41.

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.

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Analyst Recommendations for Mitchells & Butlers (LON:MAB)

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