Peel Hunt restated their buy rating on shares of Mitchells & Butlers (LON:MAB) in a report published on Friday, ThisIsMoney.Co.Uk reports.

Other equities research analysts also recently issued research reports about the stock. Liberum Capital lifted their price target on shares of Mitchells & Butlers from GBX 210 ($2.74) to GBX 270 ($3.53) and gave the stock a hold rating in a research note on Tuesday, April 2nd. Shore Capital reissued a hold rating on shares of Mitchells & Butlers in a research report on Thursday, January 10th. JPMorgan Chase & Co. raised shares of Mitchells & Butlers to an overweight rating and boosted their target price for the stock from GBX 280 ($3.66) to GBX 390 ($5.10) in a research report on Tuesday, March 5th. Berenberg Bank reissued a hold rating and issued a GBX 265 ($3.46) target price on shares of Mitchells & Butlers in a research report on Friday, January 11th. Finally, Canaccord Genuity boosted their target price on shares of Mitchells & Butlers from GBX 265 ($3.46) to GBX 285 ($3.72) and gave the stock a hold rating in a research report on Thursday, January 10th. Three equities research analysts have rated the stock with a sell rating, five have issued a hold rating and three have given a buy rating to the company. The company presently has a consensus rating of Hold and an average target price of GBX 292.22 ($3.82).

Mitchells & Butlers stock opened at GBX 270 ($3.53) on Friday. Mitchells & Butlers has a 12-month low of GBX 235 ($3.07) and a 12-month high of GBX 294.40 ($3.85). The firm has a market cap of $1.15 billion and a P/E ratio of 11.07. The company has a current ratio of 0.52, a quick ratio of 0.42 and a debt-to-equity ratio of 125.55.

In related news, insider Phil Urban bought 15,115 shares of the company’s stock in a transaction dated Friday, April 12th. The stock was bought at an average price of GBX 263 ($3.44) per share, with a total value of £39,752.45 ($51,943.62). Insiders bought a total of 15,263 shares of company stock valued at $4,016,417 in the last three months.

Mitchells & Butlers Company Profile

Mitchells & Butlers plc manages pubs, bars, and restaurants in the United Kingdom and Germany. It operates its pubs and restaurants under the Harvester, Toby Carvery, All Bar One, Miller & Carter, Premium Country Pubs, Sizzling Pubs, Stonehouse, Vintage Inns, Browns, Castle, Nicholson's, O'Neill's, Innkeeper's Lodge, Alex, and Ember Inns brands and formats.

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Analyst Recommendations for Mitchells & Butlers (LON:MAB)

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