Mitchells & Butlers plc (LON:MAB) insider Phil Urban acquired 23,036 shares of the company’s stock in a transaction dated Monday, December 11th. The stock was acquired at an average cost of GBX 258 ($3.47) per share, for a total transaction of £59,432.88 ($79,990.42).

Mitchells & Butlers plc (LON:MAB) opened at GBX 259.50 ($3.49) on Tuesday. Mitchells & Butlers plc has a twelve month low of GBX 219.90 ($2.96) and a twelve month high of GBX 280 ($3.77).

The business also recently disclosed a dividend, which will be paid on Tuesday, February 6th. Shareholders of record on Thursday, December 14th will be issued a dividend of GBX 5 ($0.07) per share. This represents a yield of 1.99%. This is an increase from Mitchells & Butlers’s previous dividend of $2.50. The ex-dividend date is Thursday, December 14th.

A number of analysts recently issued reports on the stock. Canaccord Genuity increased their price target on shares of Mitchells & Butlers from GBX 240 ($3.23) to GBX 260 ($3.50) and gave the stock a “hold” rating in a report on Monday, December 4th. HSBC lowered their price target on shares of Mitchells & Butlers from GBX 265 ($3.57) to GBX 260 ($3.50) and set a “hold” rating on the stock in a report on Wednesday, December 6th. Deutsche Bank reissued a “hold” rating and set a GBX 245 ($3.30) price target on shares of Mitchells & Butlers in a report on Wednesday, October 18th. Peel Hunt reissued an “add” rating and set a GBX 300 ($4.04) price target on shares of Mitchells & Butlers in a report on Friday, December 1st. Finally, increased their price target on shares of Mitchells & Butlers from GBX 260 ($3.50) to GBX 265 ($3.57) and gave the stock a “hold” rating in a report on Friday, September 1st. Three investment analysts have rated the stock with a sell rating, ten have assigned a hold rating and one has issued a buy rating to the company. Mitchells & Butlers presently has a consensus rating of “Hold” and an average target price of GBX 270.45 ($3.64).

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About Mitchells & Butlers

Mitchells & Butlers plc is an operator of managed restaurants and pubs. The Company’s portfolio of brands and formats includes Harvester, Toby Carvery, All Bar One, Miller & Carter, Premium Country Pubs, Sizzling Pubs, Crown Carveries, Stonehouse, Vintage Inns, Browns, Castle, Nicholson’s, O’Neill’s and Ember Inns.

Insider Buying and Selling by Quarter for Mitchells & Butlers (LON:MAB)

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