Shore Capital Reaffirms “Buy” Rating for Mitchells & Butlers (LON:MAB)

Shore Capital restated their buy rating on shares of Mitchells & Butlers (LON:MAB) in a research note issued to investors on Wednesday, Marketbeat Ratings reports.

Separately, Jefferies Financial Group boosted their target price on shares of Mitchells & Butlers from GBX 270 ($3.43) to GBX 325 ($4.13) and gave the stock a buy rating in a research note on Tuesday, February 20th. One investment analyst has rated the stock with a hold rating and four have issued a buy rating to the company. According to data from MarketBeat, the stock has an average rating of Moderate Buy and a consensus target price of GBX 307.50 ($3.91).

Mitchells & Butlers Price Performance

Shares of LON MAB opened at GBX 301 ($3.83) on Wednesday. The firm has a market cap of £1.79 billion, a P/E ratio of -30,100.00, a P/E/G ratio of 2.76 and a beta of 1.54. Mitchells & Butlers has a 52 week low of GBX 194.80 ($2.48) and a 52 week high of GBX 304 ($3.86). The business’s 50 day moving average price is GBX 241.63 and its 200 day moving average price is GBX 244.44. The company has a quick ratio of 0.46, a current ratio of 0.41 and a debt-to-equity ratio of 84.51.

Mitchells & Butlers Company Profile

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.