Mitchells & Butlers’ (MAB) Buy Rating Reiterated at Jefferies Financial Group

Mitchells & Butlers (LON:MABGet Free Report)‘s stock had its “buy” rating reiterated by analysts at Jefferies Financial Group in a research report issued on Thursday,Digital Look reports. They currently have a GBX 355 price target on the stock. Jefferies Financial Group’s price target suggests a potential upside of 53.97% from the stock’s previous close.

Separately, Berenberg Bank restated a “buy” rating and issued a GBX 1,150 price target on shares of Mitchells & Butlers in a research report on Monday, March 30th. Five research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of GBX 485.

Read Our Latest Stock Analysis on MAB

Mitchells & Butlers Stock Down 8.7%

Shares of LON MAB opened at GBX 230.57 on Thursday. The company’s 50-day simple moving average is GBX 261.35 and its 200-day simple moving average is GBX 265.14. Mitchells & Butlers has a 52-week low of GBX 229 and a 52-week high of GBX 308. The firm has a market cap of £1.37 billion, a price-to-earnings ratio of 7.82, a price-to-earnings-growth ratio of 2.76 and a beta of 1.30. The company has a quick ratio of 0.46, a current ratio of 0.47 and a debt-to-equity ratio of 53.55.

Mitchells & Butlers (LON:MABGet Free Report) last issued its quarterly earnings results on Thursday, May 21st. The company reported GBX 17.40 earnings per share for the quarter. The firm had revenue of GBX 149 billion for the quarter. Mitchells & Butlers had a net margin of 6.53% and a return on equity of 6.46%. Equities analysts predict that Mitchells & Butlers will post 26.6341463 EPS for the current fiscal year.

Mitchells & Butlers Company Profile

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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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Analyst Recommendations for Mitchells & Butlers (LON:MAB)

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