Mitchells & Butlers (LON:MAB) Insider Timothy (Tim) Charles Jones Purchases 54 Shares of Stock

Mitchells & Butlers plc (LON:MAB) insider Timothy (Tim) Charles Jones purchased 54 shares of the company’s stock in a transaction that occurred on Friday, April 24th. The shares were purchased at an average price of GBX 258 per share, for a total transaction of £139.32.

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

• On Friday, January 30th, Timothy (Tim) Charles Jones purchased 53 shares of Mitchells & Butlers stock. The shares were purchased at an average cost of GBX 263 per share, for a total transaction of £139.39.

Mitchells & Butlers Price Performance

Shares of LON MAB opened at GBX 263.26 on Tuesday. The stock has a market cap of £1.56 billion, a P/E ratio of 8.92, a P/E/G ratio of 2.76 and a beta of 1.34. Mitchells & Butlers plc has a twelve month low of GBX 232 and a twelve month high of GBX 308. The stock has a 50 day moving average of GBX 273.52 and a two-hundred day moving average of GBX 264.72. The company has a current ratio of 0.47, a quick ratio of 0.46 and a debt-to-equity ratio of 53.55.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on MAB. Berenberg Bank reiterated a “buy” rating and set a GBX 1,150 price target on shares of Mitchells & Butlers in a research note on Monday, March 30th. Shore Capital Group restated a “buy” rating on shares of Mitchells & Butlers in a research note on Thursday, January 15th. Four equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of GBX 511.

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.