Mitchells & Butlers (LON:MAB) Insider Phil Urban Sells 194,357 Shares of Stock

Mitchells & Butlers plc (LON:MAB) insider Phil Urban sold 194,357 shares of the company’s stock in a transaction that occurred on Thursday, December 11th. The shares were sold at an average price of GBX 260, for a total value of £505,328.20.

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

• On Friday, December 5th, Phil Urban acquired 52 shares of Mitchells & Butlers stock. The shares were purchased at an average cost of GBX 264 per share, for a total transaction of £137.28.
• On Friday, November 7th, Phil Urban bought 57 shares of Mitchells & Butlers stock. The stock was purchased at an average cost of GBX 243 per share, with a total value of £138.51.
• On Friday, October 10th, Phil Urban purchased 55 shares of Mitchells & Butlers stock. The stock was acquired at an average cost of GBX 253 per share, for a total transaction of £139.15.

Mitchells & Butlers Stock Performance

Shares of MAB stock opened at GBX 255.50 on Friday. The firm has a fifty day moving average of GBX 250.48 and a 200-day moving average of GBX 265.11. The stock has a market cap of £1.52 billion, a price-to-earnings ratio of 8.66, a P/E/G ratio of 2.76 and a beta of 1.71. Mitchells & Butlers plc has a 52-week low of GBX 194.40 and a 52-week high of GBX 308. The company has a debt-to-equity ratio of 63.56, a quick ratio of 0.46 and a current ratio of 0.46.

Mitchells & Butlers (LON:MAB) last released its quarterly earnings data on Friday, November 28th. The company reported GBX 30.90 earnings per share for the quarter. Mitchells & Butlers had a return on equity of 1.89% and a net margin of 1.72%. On average, equities research analysts forecast that Mitchells & Butlers plc will post 26.6341463 earnings per share for the current fiscal year.

Analysts Set New Price Targets

MAB has been the subject of a number of recent analyst reports. Panmure Gordon reiterated a “buy” rating and issued a GBX 390 price objective on shares of Mitchells & Butlers in a report on Tuesday, December 2nd. JPMorgan Chase & Co. reiterated a “neutral” rating and set a GBX 340 price objective on shares of Mitchells & Butlers in a report on Tuesday, December 2nd. Finally, Shore Capital reiterated a “buy” rating on shares of Mitchells & Butlers in a research note on Friday, November 28th. Three analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of GBX 351.25.

About Mitchells & Butlers

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.