Mitchells & Butlers (LON:MAB) Receives Buy Rating from Shore Capital

Mitchells & Butlers (LON:MAB - Get Free Report)'s stock had its "buy" rating restated by investment analysts at Shore Capital in a research report issued to clients and investors on Friday, Marketbeat.com reports.

Mitchells & Butlers Trading Down 0.5 %

Shares of LON MAB traded down GBX 1 ($0.01) during midday trading on Friday, reaching GBX 217.50 ($2.81). 1,348,365 shares of the stock were exchanged, compared to its average volume of 650,883. Mitchells & Butlers has a 12 month low of GBX 213 ($2.75) and a 12 month high of GBX 320 ($4.14). The business has a 50-day simple moving average of GBX 231.58 and a two-hundred day simple moving average of GBX 255.33. The company has a market capitalization of £1.29 billion, a price-to-earnings ratio of 28.81, a P/E/G ratio of 2.76 and a beta of 1.71. The company has a debt-to-equity ratio of 63.56, a current ratio of 0.46 and a quick ratio of 0.46.

Insider Buying and Selling

In other Mitchells & Butlers news, insider Timothy (Tim) Charles Jones sold 13,429 shares of the company's stock in a transaction on Wednesday, January 15th. The stock was sold at an average price of GBX 241 ($3.12), for a total value of £32,363.89 ($41,835.43). Over the last quarter, insiders have purchased 179 shares of company stock worth $41,478. Corporate insiders own 57.51% of the company's stock.

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.