Mitchells & Butlers (LON:MAB) Insider Buys £136.62 in Stock

Key Points

• Insider Timothy (Tim) Charles Jones purchased 54 shares of Mitchells & Butlers at an average price of GBX 253 per share on October 10th, totaling £136.62.
• Analysts have set a consensus target price of GBX 337.50 for Mitchells & Butlers, with ratings including a "buy" from Peel Hunt and a "hold" from Deutsche Bank.
• The company currently holds a market capitalization of £1.48 billion and has seen its shares range from a 1-year low of GBX 194.40 to a high of GBX 308.

Mitchells & Butlers plc (LON:MAB - Get Free Report) insider Timothy (Tim) Charles Jones bought 54 shares of the stock in a transaction dated Friday, October 10th. The stock was bought at an average price of GBX 253 per share, for a total transaction of £136.62.

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

• On Friday, September 12th, Timothy (Tim) Charles Jones purchased 53 shares of Mitchells & Butlers stock. The shares were acquired at an average price of GBX 262 per share, for a total transaction of £138.86.
• On Friday, August 15th, Timothy (Tim) Charles Jones purchased 52 shares of Mitchells & Butlers stock. The shares were acquired at an average price of GBX 264 per share, for a total transaction of £137.28.
• On Friday, July 18th, Timothy (Tim) Charles Jones purchased 50 shares of Mitchells & Butlers stock. The shares were acquired at an average price of GBX 278 per share, for a total transaction of £139.

Mitchells & Butlers Price Performance

Shares of LON MAB traded up GBX 2.50 during midday trading on Monday, hitting GBX 249. The stock had a trading volume of 261,831 shares, compared to its average volume of 604,360. The company has a market capitalization of £1.48 billion, a PE ratio of 889.29, a P/E/G ratio of 2.76 and a beta of 1.71. The stock has a 50 day simple moving average of GBX 259.89 and a 200-day simple moving average of GBX 263.81. Mitchells & Butlers plc has a 1 year low of GBX 194.40 and a 1 year high of GBX 308. The company has a quick ratio of 0.46, a current ratio of 0.46 and a debt-to-equity ratio of 63.56.

Analysts Set New Price Targets

Several equities research analysts recently commented on MAB shares. Deutsche Bank Aktiengesellschaft increased their price target on Mitchells & Butlers from GBX 280 to GBX 300 and gave the company a "hold" rating in a report on Friday, July 25th. Shore Capital reissued a "buy" rating on shares of Mitchells & Butlers in a research note on Thursday, September 25th. Finally, Peel Hunt reissued a "buy" rating and set a GBX 375 target price on shares of Mitchells & Butlers in a research note on Friday, July 25th. Two investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of GBX 337.50.

About Mitchells & Butlers

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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