Mitchells & Butlers plc (LON:MAB) Receives GBX 511 Consensus Price Target from Brokerages

Mitchells & Butlers plc (LON:MAB) has earned an average rating of “Moderate Buy” from the six research firms that are presently covering the firm, Marketbeat reports. Two analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 12 month price target among brokers that have issued ratings on the stock in the last year is GBX 511.

Several equities research analysts have weighed in on MAB shares. Berenberg Bank restated a “buy” rating and set a GBX 1,150 target price on shares of Mitchells & Butlers in a research note on Monday. Shore Capital Group reiterated a “buy” rating on shares of Mitchells & Butlers in a research note on Thursday, January 15th.

Mitchells & Butlers Stock Up 0.9%

Shares of LON MAB opened at GBX 257.41 on Monday. The stock has a market capitalization of £1.53 billion, a P/E ratio of 8.73, a PEG ratio of 2.76 and a beta of 1.34. The stock’s fifty day moving average is GBX 276.04 and its 200 day moving average is GBX 263.24. Mitchells & Butlers 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 53.55, a quick ratio of 0.46 and a current ratio of 0.47.

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.