Mitchells & Butlers plc (LON:MAB – Get Free Report)’s share price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 263.23 and traded as high as GBX 284.50. Mitchells & Butlers shares last traded at GBX 282, with a volume of 279,127 shares changing hands.
Analyst Ratings Changes
Separately, Jefferies Financial Group restated a “buy” rating and set a GBX 355 price target on shares of Mitchells & Butlers in a research note on Thursday, May 21st. Four equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 558.75.
Get Our Latest Stock Report on MAB
Mitchells & Butlers Trading Up 0.2%
Mitchells & Butlers (LON:MAB – Get Free Report) last posted its quarterly earnings data on Thursday, May 21st. The company reported GBX 17.40 earnings per share (EPS) for the quarter. The company had revenue of GBX 149 billion during the quarter. Mitchells & Butlers had a return on equity of 6.41% and a net margin of 6.70%. As a group, equities research analysts forecast that Mitchells & Butlers plc will post 26.6341463 EPS for the current year.
Insider Activity
In related news, insider Amanda Brown acquired 30,000 shares of the company’s stock in a transaction dated Tuesday, May 26th. The stock was bought at an average cost of GBX 236 per share, with a total value of £70,800. Over the last ninety days, insiders have acquired 30,227 shares of company stock worth $7,135,169. Insiders own 32.10% of the company’s stock.
Mitchells & Butlers Company Profile
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.
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