Mitchells & Butlers (LON:MAB) Insider Timothy (Tim) Charles Jones Acquires 54 Shares

Mitchells & Butlers plc (LON:MAB) insider Timothy (Tim) Charles Jones purchased 54 shares of the firm’s stock in a transaction that occurred on Friday, October 10th. The shares were acquired at an average cost of GBX 253 per share, with a total value of £136.62.

Timothy (Tim) Charles Jones also recently made the following trade(s):

• On Friday, September 12th, Timothy (Tim) Charles Jones purchased 53 shares of Mitchells & Butlers stock. The shares were acquired at an average cost of GBX 262 per share, with a total value of £138.86.
• On Friday, August 15th, Timothy (Tim) Charles Jones bought 52 shares of Mitchells & Butlers stock. The stock was purchased at an average cost of GBX 264 per share, with a total value of £137.28.
• On Friday, July 18th, Timothy (Tim) Charles Jones bought 50 shares of Mitchells & Butlers stock. The stock was purchased at an average cost of GBX 278 per share, with a total value of £139.

Mitchells & Butlers Stock Performance

LON:MAB opened at GBX 249 on Tuesday. 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 has a fifty day simple moving average of GBX 259.40 and a two-hundred day simple moving average of GBX 264.03. Mitchells & Butlers plc has a 1 year low of GBX 194.40 and a 1 year high of GBX 308. The company has a market capitalization of £1.48 billion, a P/E ratio of 889.29, a P/E/G ratio of 2.76 and a beta of 1.71.

Analysts Set New Price Targets

A number of research firms have issued reports on MAB. Deutsche Bank Aktiengesellschaft raised their target price on Mitchells & Butlers from GBX 280 to GBX 300 and gave the stock a “hold” rating in a research report on Friday, July 25th. Shore Capital reissued a “buy” rating on shares of Mitchells & Butlers in a research report on Thursday, September 25th. Finally, Peel Hunt reissued a “buy” rating and issued a GBX 375 target price on shares of Mitchells & Butlers in a research report on Friday, July 25th. Two 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 currently 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.