Mitchells & Butlers (LON:MAB) Insider Phil Urban Purchases 52 Shares of Stock

Mitchells & Butlers plc (LON:MAB) insider Phil Urban acquired 52 shares of the company’s stock in a transaction that occurred on Friday, July 17th. The stock was bought at an average cost of GBX 267 per share, with a total value of £138.84.

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

• On Friday, June 19th, Phil Urban bought 58 shares of Mitchells & Butlers stock. The stock was bought at an average price of GBX 239 per share, for a total transaction of £138.62.
• On Friday, May 22nd, Phil Urban bought 60 shares of Mitchells & Butlers stock. The shares were bought at an average cost of GBX 230 per share, for a total transaction of £138.
• On Friday, April 24th, Phil Urban bought 53 shares of Mitchells & Butlers stock. The shares were bought at an average cost of GBX 258 per share, for a total transaction of £136.74.

Mitchells & Butlers Stock Up 1.5%

Shares of LON:MAB opened at GBX 271 on Tuesday. Mitchells & Butlers plc has a 52-week low of GBX 223.50 and a 52-week high of GBX 308. The company has a market capitalization of £1.61 billion, a PE ratio of 8.86, a price-to-earnings-growth ratio of 2.76 and a beta of 1.28. The company has a debt-to-equity ratio of 47.97, a quick ratio of 0.46 and a current ratio of 0.48. The company has a fifty day moving average of GBX 246.40 and a 200-day moving average of GBX 262.37.

Mitchells & Butlers (LON:MAB) last issued its quarterly earnings data on Thursday, May 21st. The company reported GBX 17.40 earnings per share for the quarter. Mitchells & Butlers had a return on equity of 6.41% and a net margin of 6.70%.The business had revenue of GBX 149 billion for the quarter. On average, equities analysts predict that Mitchells & Butlers plc will post 26.6341463 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on MAB. Jefferies Financial Group reaffirmed a “buy” rating and issued a GBX 355 price objective on shares of Mitchells & Butlers in a research note on Thursday, May 21st. Berenberg Bank reiterated a “buy” rating and set a GBX 1,150 target price on shares of Mitchells & Butlers in a research report on Monday, March 30th. Five analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, Mitchells & Butlers presently has an average rating of “Moderate Buy” and a consensus target price of GBX 485.

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.