Insider Buying: Mitchells & Butlers plc (LON:MAB) Insider Buys 52 Shares of Stock

Key Points

• Insider Timothy (Tim) Charles Jones purchased 52 shares of Mitchells & Butlers plc at an average price of GBX 264 ($3.58) per share on August 15th, 2023.
• The company's stock recently traded at GBX 269 ($3.65), with a market capitalization of £1.60 billion and a price-to-earnings ratio of 35.63.
• Analysts have a mixed outlook, with Peel Hunt maintaining a "buy" rating and a target price of GBX 375 ($5.09), while Deutsche Bank upgraded their target from GBX 280 ($3.80) to GBX 300 ($4.07).

Mitchells & Butlers plc (LON:MAB - Get Free Report) insider Timothy (Tim) Charles Jones bought 52 shares of the firm's stock in a transaction that occurred on Friday, August 15th. The shares were acquired at an average price of GBX 264 ($3.58) per share, with a total value of £137.28 ($186.17).

Timothy (Tim) Charles Jones also recently made the following trade(s):

• On Friday, July 18th, Timothy (Tim) Charles Jones bought 50 shares of Mitchells & Butlers stock. The shares were purchased at an average price of GBX 278 ($3.77) per share, for a total transaction of £139 ($188.50).
• On Thursday, June 19th, Timothy (Tim) Charles Jones bought 49 shares of Mitchells & Butlers stock. The shares were purchased at an average price of GBX 279 ($3.78) per share, for a total transaction of £136.71 ($185.39).

Mitchells & Butlers Stock Performance

Shares of LON:MAB traded up GBX 3.50 ($0.05) during trading on Monday, reaching GBX 269 ($3.65). The company had a trading volume of 70,477 shares, compared to its average volume of 584,159. The firm has a market capitalization of £1.60 billion, a price-to-earnings ratio of 35.63, a price-to-earnings-growth ratio of 2.76 and a beta of 1.71. The company has a debt-to-equity ratio of 63.56, a current ratio of 0.46 and a quick ratio of 0.46. The stock's fifty day moving average price is GBX 280.04 and its 200 day moving average price is GBX 254.69. Mitchells & Butlers plc has a fifty-two week low of GBX 194.40 ($2.64) and a fifty-two week high of GBX 313 ($4.24).

Mitchells & Butlers (LON:MAB - Get Free Report) last released its earnings results on Thursday, May 22nd. The company reported GBX 16.80 ($0.23) earnings per share (EPS) for the quarter. Mitchells & Butlers had a return on equity of 1.89% and a net margin of 1.72%. As a group, equities research analysts predict that Mitchells & Butlers plc will post 26.6341463 EPS for the current year.

Wall Street Analyst Weigh In

MAB has been the topic of a number of research analyst reports. Peel Hunt reiterated a "buy" rating and set a GBX 375 ($5.09) target price on shares of Mitchells & Butlers in a research report on Friday, July 25th. Deutsche Bank Aktiengesellschaft lifted their target price on Mitchells & Butlers from GBX 280 ($3.80) to GBX 300 ($4.07) and gave the stock a "hold" rating in a research report on Friday, July 25th. Finally, Shore Capital reissued a "buy" rating on shares of Mitchells & Butlers in a report on Friday, July 25th.

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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