Mitchells & Butlers (LON:MAB) Price Target Raised to GBX 300 at Deutsche Bank Aktiengesellschaft

Key Points

• Deutsche Bank Aktiengesellschaft has raised its price target for Mitchells & Butlers (LON:MAB) from GBX 280 to GBX 300, indicating a potential upside of 5.16% from the stock’s last close.
• Shore Capital and Peel Hunt both maintained a "buy" rating on the stock, with Peel Hunt setting a higher price target of GBX 375.
• Mitchells & Butlers reported a quarterly earnings per share (EPS) of GBX 16.80, and analysts anticipate an EPS of around 26.63 for the current year.

Mitchells & Butlers (LON:MAB - Get Free Report) had its target price hoisted by research analysts at Deutsche Bank Aktiengesellschaft from GBX 280 ($3.71) to GBX 300 ($3.98) in a research note issued on Friday, MarketBeat reports. The firm currently has a "hold" rating on the stock. Deutsche Bank Aktiengesellschaft's price objective suggests a potential upside of 8.50% from the stock's previous close.

MAB has been the topic of several other research reports. Shore Capital reaffirmed a "buy" rating on shares of Mitchells & Butlers in a research report on Friday, July 25th. Peel Hunt reissued a "buy" rating and set a GBX 375 ($4.97) target price on shares of Mitchells & Butlers in a research note on Friday, July 25th.

Mitchells & Butlers Trading Up 1.3%

Shares of LON MAB traded up GBX 3.50 ($0.05) during trading on Friday, hitting GBX 276.50 ($3.67). 474,339 shares of the company were exchanged, compared to its average volume of 606,025. The company has a fifty day moving average price of GBX 283.58 and a 200-day moving average price of GBX 251.53. The company has a debt-to-equity ratio of 63.56, a quick ratio of 0.46 and a current ratio of 0.46. The firm has a market capitalization of £1.64 billion, a PE ratio of 36.62, a P/E/G ratio of 2.76 and a beta of 1.71. Mitchells & Butlers has a 12-month low of GBX 194.40 ($2.58) and a 12-month high of GBX 320 ($4.24).

Mitchells & Butlers (LON:MAB - Get Free Report) last released its quarterly earnings data on Thursday, May 22nd. The company reported GBX 16.80 ($0.22) earnings per share (EPS) for the quarter. Mitchells & Butlers had a net margin of 1.72% and a return on equity of 1.89%. As a group, equities research analysts expect that Mitchells & Butlers will post 26.6341463 EPS for the current year.

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.