Mitchells & Butlers plc’s (MAB) “Sell” Rating Reaffirmed at Liberum Capital
Liberum Capital reaffirmed their sell rating on shares of Mitchells & Butlers plc (LON:MAB) in a research report report published on Tuesday. They currently have a GBX 210 ($2.76) target price on the stock.
Several other equities research analysts have also recently weighed in on the company. Peel Hunt decreased their target price on Mitchells & Butlers plc from GBX 300 ($3.95) to GBX 260 ($3.42) and set an add rating for the company in a research note on Tuesday, July 25th. J P Morgan Chase & Co decreased their target price on Mitchells & Butlers plc from GBX 280 ($3.68) to GBX 260 ($3.42) and set a neutral rating for the company in a research note on Friday, July 28th. Numis Securities Ltd upgraded Mitchells & Butlers plc to a hold rating and set a GBX 255 ($3.35) target price for the company in a research note on Thursday, July 27th. Barclays PLC restated an underweight rating and set a GBX 220 ($2.89) target price on shares of Mitchells & Butlers plc in a research note on Monday, September 11th. Finally, Shore Capital restated a hold rating on shares of Mitchells & Butlers plc in a research note on Thursday, July 27th. Two equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating and two have given a buy rating to the stock. The stock currently has a consensus rating of Hold and a consensus price target of GBX 272 ($3.58).
Shares of Mitchells & Butlers plc (LON:MAB) opened at GBX 260 ($3.42) on Tuesday. Mitchells & Butlers plc has a 52 week low of GBX 218 ($2.87) and a 52 week high of GBX 284.60 ($3.74).
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About Mitchells & Butlers plc
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.
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