Mitchells & Butlers plc (LON:MAB) Insider Acquires £136.23 in Stock

Mitchells & Butlers plc (LON:MAB) insider Phil Urban purchased 57 shares of the company’s stock in a transaction that occurred on Friday, November 8th. The shares were acquired at an average cost of GBX 239 ($3.08) per share, with a total value of £136.23 ($175.31).

Phil Urban also recently made the following trade(s):

• On Friday, October 11th, Phil Urban purchased 50 shares of Mitchells & Butlers stock. The shares were acquired at an average cost of GBX 278 ($3.58) per share, with a total value of £139 ($178.87).

Mitchells & Butlers Stock Up 1.1 %

LON MAB opened at GBX 233.50 ($3.00) on Thursday. The stock has a fifty day moving average of GBX 276.30 and a 200-day moving average of GBX 286.37. The stock has a market capitalization of £1.39 billion, a P/E ratio of 3,335.71, a price-to-earnings-growth ratio of 2.76 and a beta of 1.71. Mitchells & Butlers plc has a 52 week low of GBX 212.07 ($2.73) and a 52 week high of GBX 320 ($4.12). The company has a debt-to-equity ratio of 78.60, a quick ratio of 0.46 and a current ratio of 0.47.

Analysts Set New Price Targets

A number of research firms recently weighed in on MAB. JPMorgan Chase & Co. reaffirmed a “neutral” rating on shares of Mitchells & Butlers in a report on Wednesday, September 11th. Shore Capital reissued a “buy” rating on shares of Mitchells & Butlers in a research note on Thursday, September 26th.

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.