Mitchells & Butlers plc (LON:MAB) Receives Average Rating of “Hold” from Analysts

Mitchells & Butlers plc (LON:MAB) has earned a consensus recommendation of “Hold” from the six analysts that are presently covering the company, MarketBeat Ratings reports. Four analysts have rated the stock with a hold recommendation and two have issued a buy recommendation on the company. The average 12 month price target among brokers that have updated their coverage on the stock in the last year is GBX 212.60 ($2.68).

A number of brokerages recently commented on MAB. Deutsche Bank Aktiengesellschaft boosted their price objective on shares of Mitchells & Butlers from GBX 240 ($3.03) to GBX 275 ($3.47) and gave the stock a “buy” rating in a research note on Wednesday, June 14th. Shore Capital reissued a “hold” rating on shares of Mitchells & Butlers in a research note on Tuesday, June 13th. JPMorgan Chase & Co. reissued a “neutral” rating and issued a GBX 213 ($2.68) price objective on shares of Mitchells & Butlers in a research note on Tuesday, May 23rd. Finally, Numis Securities reissued a “buy” rating and issued a GBX 290 ($3.66) price objective on shares of Mitchells & Butlers in a research note on Friday, June 16th.

Mitchells & Butlers Stock Up 1.6 %

Shares of LON MAB opened at GBX 221 ($2.79) on Wednesday. The company has a debt-to-equity ratio of 87.55, a quick ratio of 0.46 and a current ratio of 0.45. The firm has a market capitalization of £1.32 billion, a price-to-earnings ratio of 10,390.00, a PEG ratio of 2.76 and a beta of 1.54. The stock has a 50 day moving average price of GBX 217.90 and a 200 day moving average price of GBX 191.75. Mitchells & Butlers has a 52-week low of GBX 99.70 ($1.26) and a 52-week high of GBX 239.40 ($3.02).

About Mitchells & Butlers

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.