Shore Capital Reiterates Buy Rating for Mitchells & Butlers (LON:MAB)

Shore Capital reiterated their buy rating on shares of Mitchells & Butlers (LON:MAB) in a report published on Thursday, MarketBeat Ratings reports.

Separately, JPMorgan Chase & Co. raised their price target on shares of Mitchells & Butlers from GBX 290 ($3.75) to GBX 340 ($4.40) and gave the company a neutral rating in a research note on Thursday, May 23rd.

Mitchells & Butlers Price Performance

Shares of LON:MAB opened at GBX 315 ($4.07) on Thursday. The firm’s 50 day moving average is GBX 297.87 and its two-hundred day moving average is GBX 262.25. Mitchells & Butlers has a 52 week low of GBX 195 ($2.52) and a 52 week high of GBX 315.50 ($4.08). The firm has a market capitalization of £1.87 billion, a P/E ratio of 4,500.00, a PEG ratio of 2.76 and a beta of 1.54. The company has a current ratio of 0.47, a quick ratio of 0.46 and a debt-to-equity ratio of 78.60.

About Mitchells & Butlers

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.