MITCHELLS &BUTLERS (NASDAQ:MBPFF) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a report released on Tuesday. The firm currently has a $3.75 target price on the stock.

According to Zacks, “Mitchells & Butlers Plc is engaged in restaurants & pubs business. The company’s brands include Sizzling Pubs, Vintage Inns, Harvester, Ember Inns, Toby Carvery, Crown Carveries, Castle, Nicholson’s, O’Neill’s, Alex, All Bar One, Miller & Carter, Browns, Innkeeper’s Lodge, Oak Tree, Orchid Pubs and Premium Country Pubs. Its business segment consists of Retail Operating and Property business. Retail Operating business manages Group’s retail operating units. Property business holds the Group’s freehold and leasehold property. Mitchells & Butlers Plc is headquartered in Birmingham, the United Kingdom. “

MITCHELLS &BUTLERS (NASDAQ:MBPFF) opened at 3.35 on Tuesday. MITCHELLS &BUTLERS has a 52-week low of $3.15 and a 52-week high of $4.00. The stock’s 50 day moving average price is $3.35 and its 200-day moving average price is $3.35. The company has a market capitalization of $1.39 billion and a P/E ratio of 15.16.

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