Mitchells & Butlers (LON:MAB) Insider Phil Urban Purchases 55 Shares

Mitchells & Butlers plc (LON:MAB) insider Phil Urban bought 55 shares of the company’s stock in a transaction dated Friday, October 10th. The stock was acquired at an average price of GBX 253 per share, for a total transaction of £139.15.

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

• On Friday, September 12th, Phil Urban bought 52 shares of Mitchells & Butlers stock. The stock was acquired at an average price of GBX 262 per share, for a total transaction of £136.24.
• On Friday, August 15th, Phil Urban bought 52 shares of Mitchells & Butlers stock. The stock was acquired at an average price of GBX 264 per share, for a total transaction of £137.28.
• On Friday, July 18th, Phil Urban bought 50 shares of Mitchells & Butlers stock. The stock was acquired at an average price of GBX 278 per share, for a total transaction of £139.

Mitchells & Butlers Price Performance

Shares of MAB opened at GBX 249 on Tuesday. The company has a market capitalization of £1.48 billion, a price-to-earnings ratio of 889.29, a P/E/G ratio of 2.76 and a beta of 1.71. Mitchells & Butlers plc has a fifty-two week low of GBX 194.40 and a fifty-two week high of GBX 308. The company has a debt-to-equity ratio of 63.56, a current ratio of 0.46 and a quick ratio of 0.46. The business’s 50-day moving average is GBX 259.40 and its 200-day moving average is GBX 264.03.

Wall Street Analyst Weigh In

MAB has been the subject of several recent research reports. Shore Capital reissued a “buy” rating on shares of Mitchells & Butlers in a research note on Thursday, September 25th. Deutsche Bank Aktiengesellschaft boosted their price target on Mitchells & Butlers from GBX 280 to GBX 300 and gave the company a “hold” rating in a research note on Friday, July 25th. Finally, Peel Hunt reissued a “buy” rating and issued a GBX 375 price target on shares of Mitchells & Butlers in a research note on Friday, July 25th. Two investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, Mitchells & Butlers currently has a consensus 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.