Mitchells & Butlers' (MAB) Buy Rating Reiterated at Shore Capital

Mitchells & Butlers (LON:MAB - Get Free Report)'s stock had its "buy" rating reaffirmed by research analysts at Shore Capital in a research report issued on Thursday,London Stock Exchange reports.

Separately, JPMorgan Chase & Co. restated a "neutral" rating on shares of Mitchells & Butlers in a research report on Wednesday, September 11th.

Mitchells & Butlers Price Performance

Shares of Mitchells & Butlers stock traded up GBX 5.50 ($0.07) on Thursday, reaching GBX 245.50 ($3.07). The stock had a trading volume of 856,306 shares, compared to its average volume of 319,802. The business's 50 day moving average is GBX 250.51 and its two-hundred day moving average is GBX 281.66. The company has a current ratio of 0.47, a quick ratio of 0.46 and a debt-to-equity ratio of 78.60. Mitchells & Butlers has a 1 year low of GBX 220 ($2.75) and a 1 year high of GBX 320 ($4.00). The company has a market cap of £1.46 billion, a P/E ratio of 3,507.14, a price-to-earnings-growth ratio of 2.76 and a beta of 1.71.

Insider Buying and Selling at Mitchells & Butlers

In other news, insider Dave Coplin acquired 1,360 shares of the firm's stock in a transaction that occurred on Friday, November 29th. The shares were bought at an average cost of GBX 246 ($3.07) per share, with a total value of £3,345.60 ($4,181.48). Also, insider Phil Urban sold 106,910 shares of the business's stock in a transaction that occurred on Monday, December 2nd. The stock was sold at an average price of GBX 246 ($3.07), for a total value of £262,998.60 ($328,707.16). Insiders purchased a total of 1,467 shares of company stock worth $362,083 over the last three months. 57.51% of the stock is owned by insiders.

About Mitchells & Butlers

Mitchells & Butlers plc engages in the management of pubs, bars, and restaurants in the United Kingdom and Germany. The company operates its pubs and restaurants under the Alex, All Bar One, Browns, Castle, EGO, Ember Inns, Harvester, High Street, Innkeeper's Lodge, Miller & Carter, Nicholson's, O'Neill's, Premium Country Pubs, Sizzling Pubs, Suburban, Stonehouse Pizza & Carvery, Toby Carvery, and Vintage Inns brands and formats.