Brokerages Set Mitchells & Butlers plc (LON:MAB) Price Target at GBX 511

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

A number of equities analysts have weighed in on MAB shares. Shore Capital Group reaffirmed a “buy” rating on shares of Mitchells & Butlers in a research note on Thursday, January 15th. Berenberg Bank reaffirmed a “buy” rating and set a GBX 1,150 price target on shares of Mitchells & Butlers in a research note on Monday, March 30th.

Mitchells & Butlers Stock Performance

LON:MAB opened at GBX 251.50 on Friday. 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 company has a market cap of £1.49 billion, a P/E ratio of 8.53, a P/E/G ratio of 2.76 and a beta of 1.34. Mitchells & Butlers has a fifty-two week low of GBX 232 and a fifty-two week high of GBX 308. The firm’s 50 day moving average is GBX 270.88 and its two-hundred day moving average is GBX 264.60.

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.