Mitchells & Butlers (LON:MAB) Insider Timothy (Tim) Charles Jones Acquires 57 Shares

Mitchells & Butlers plc (LON:MAB) insider Timothy (Tim) Charles Jones acquired 57 shares of the company’s stock in a transaction that occurred on Friday, November 7th. The shares were bought at an average price of GBX 243 per share, for a total transaction of £138.51.

Timothy (Tim) Charles Jones also recently made the following trade(s):

• On Friday, October 10th, Timothy (Tim) Charles Jones bought 54 shares of Mitchells & Butlers stock. The stock was bought at an average cost of GBX 253 per share, with a total value of £136.62.
• On Friday, September 12th, Timothy (Tim) Charles Jones purchased 53 shares of Mitchells & Butlers stock. The stock was purchased at an average cost of GBX 262 per share, for a total transaction of £138.86.
• On Friday, August 15th, Timothy (Tim) Charles Jones purchased 52 shares of Mitchells & Butlers stock. The stock was purchased at an average price of GBX 264 per share, for a total transaction of £137.28.

Mitchells & Butlers Stock Up 0.6%

Shares of MAB traded up GBX 1.50 during mid-day trading on Monday, hitting GBX 238. 49,167 shares of the company’s stock were exchanged, compared to its average volume of 573,800. Mitchells & Butlers plc has a 52 week low of GBX 194.40 and a 52 week high of GBX 308. The company has a 50-day simple moving average of GBX 251.56 and a 200 day simple moving average of GBX 266.78. The company has a market cap of £1.41 billion, a PE ratio of 8.50, a P/E/G ratio of 2.76 and a beta of 1.71. The company has a debt-to-equity ratio of 63.56, a current ratio of 0.46 and a quick ratio of 0.46.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on the company. Deutsche Bank Aktiengesellschaft upped their target price on Mitchells & Butlers from GBX 280 to GBX 300 and gave the stock a “hold” rating in a report on Friday, July 25th. Peel Hunt reiterated a “buy” rating and set a GBX 375 price objective on shares of Mitchells & Butlers in a research note on Friday, July 25th. Finally, Shore Capital reissued a “buy” rating on shares of Mitchells & Butlers in a research note on Thursday, September 25th. Two investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, Mitchells & Butlers has an average rating of “Moderate Buy” and an average target price of GBX 337.50.

About Mitchells & Butlers

Mitchells & Butlers is a leading operator of managed restaurants and pubs in the UK. It listed on the London Stock Exchange in April 2003 and is a member of the FTSE 250. Its restaurants and pubs have some of the highest average sales and profits per site in the industry and it operates the best portfolio of brands in the UK.