Mitchells & Butlers (LON:MAB) Insider Phil Urban Purchases 52 Shares

Mitchells & Butlers plc (LON:MAB) insider Phil Urban purchased 52 shares of the stock in a transaction that occurred on Friday, September 12th. The shares were purchased at an average cost of GBX 262 per share, with a total value of £136.24.

Phil Urban also recently made the following trade(s):

• On Friday, August 15th, Phil Urban purchased 52 shares of Mitchells & Butlers stock. The shares were purchased at an average cost of GBX 264 per share, with a total value of £137.28.
• On Friday, July 18th, Phil Urban acquired 50 shares of Mitchells & Butlers stock. The shares were bought at an average cost of GBX 278 per share, with a total value of £139.
• On Friday, June 20th, Phil Urban acquired 49 shares of Mitchells & Butlers stock. The shares were bought at an average cost of GBX 279 per share, with a total value of £136.71.

Mitchells & Butlers Price Performance

Shares of MAB stock opened at GBX 268.50 on Tuesday. The firm has a market cap of £1.59 billion, a P/E ratio of 958.93, a P/E/G ratio of 2.76 and a beta of 1.71. The company has a debt-to-equity ratio of 63.56, a current ratio of 0.46 and a quick ratio of 0.46. Mitchells & Butlers plc has a 1-year low of GBX 194.40 and a 1-year high of GBX 310. The firm has a fifty day moving average of GBX 270.96 and a two-hundred day moving average of GBX 259.52.

Analyst Ratings Changes

Several brokerages have weighed in on MAB. Shore Capital reissued a “buy” rating on shares of Mitchells & Butlers in a report on Friday, July 25th. Deutsche Bank Aktiengesellschaft raised their price objective on shares of Mitchells & Butlers from GBX 280 to GBX 300 and gave the stock a “hold” rating in a report on Friday, July 25th. Finally, Peel Hunt restated a “buy” rating and issued a GBX 375 price target on shares of Mitchells & Butlers in a research report on Friday, July 25th. Two equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of GBX 337.50.

Mitchells & Butlers Company Profile

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.