Mitchells & Butlers’ (MAB) “Buy” Rating Reaffirmed at Berenberg Bank

Berenberg Bank restated their buy rating on shares of Mitchells & Butlers (LON:MAB) in a research note issued to investors on Monday morning,London Stock Exchange reports. They currently have a GBX 1,150 target price on the stock.

MAB has been the topic of a number of other reports. JPMorgan Chase & Co. reiterated a “neutral” rating and set a GBX 340 price target on shares of Mitchells & Butlers in a report on Tuesday, December 2nd. Panmure Gordon reaffirmed a “buy” rating and set a GBX 390 target price on shares of Mitchells & Butlers in a research report on Tuesday, December 2nd. Finally, Shore Capital Group reiterated a “buy” rating on shares of Mitchells & Butlers in a research note on Thursday, January 15th. Four investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Mitchells & Butlers presently has an average rating of “Moderate Buy” and an average target price of GBX 511.

Mitchells & Butlers Stock Performance

MAB stock opened at GBX 251.50 on Monday. The firm has a market cap of £1.49 billion, a PE ratio of 8.53, a P/E/G ratio of 2.76 and a beta of 1.34. The company has a quick ratio of 0.46, a current ratio of 0.47 and a debt-to-equity ratio of 53.55. The business has a 50 day moving average of GBX 276.23 and a 200-day moving average of GBX 263.32. Mitchells & Butlers has a 12-month low of GBX 194.40 and a 12-month high of GBX 308.

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.