Mitchells & Butlers (LON:MAB) Insider Acquires £138.86 in Stock

Key Points

• Insider Timothy (Tim) Charles Jones purchased 53 shares of Mitchells & Butlers for £138.86, demonstrating confidence in the company's stock performance.
• The company has a market capitalization of £1.59 billion and recent analyst ratings include "buy" from Shore Capital and Peel Hunt, with a target price increase from Deutsche Bank.
• Mitchells & Butlers operates in the UK restaurant and pub sector, boasting one of the highest average sales and profits per site in the industry.

Mitchells & Butlers plc (LON:MAB - Get Free Report) insider Timothy (Tim) Charles Jones acquired 53 shares of the company's stock in a transaction that occurred on Friday, September 12th. The shares were acquired at an average price of GBX 262 per share, with a total value of £138.86.

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

• On Friday, August 15th, Timothy (Tim) Charles Jones acquired 52 shares of Mitchells & Butlers stock. The shares were bought at an average price of GBX 264 per share, with a total value of £137.28.
• On Friday, July 18th, Timothy (Tim) Charles Jones bought 50 shares of Mitchells & Butlers stock. The shares were bought at an average cost of GBX 278 per share, for a total transaction of £139.
• On Thursday, June 19th, Timothy (Tim) Charles Jones acquired 49 shares of Mitchells & Butlers stock. The stock was acquired at an average price of GBX 279 per share, with a total value of £136.71.

Mitchells & Butlers Stock Performance

LON:MAB traded down GBX 3.50 during trading on Friday, reaching GBX 262.50. The company's stock had a trading volume of 1,430,846 shares, compared to its average volume of 611,400. The company has a debt-to-equity ratio of 63.56, a quick ratio of 0.46 and a current ratio of 0.46. Mitchells & Butlers plc has a 12 month low of GBX 194.40 and a 12 month high of GBX 310. The firm has a market cap of £1.56 billion, a price-to-earnings ratio of 937.50, a price-to-earnings-growth ratio of 2.76 and a beta of 1.71. The firm has a 50 day moving average of GBX 269.78 and a 200-day moving average of GBX 259.96.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on the company. Shore Capital restated a "buy" rating on shares of Mitchells & Butlers in a research note on Friday, July 25th. Peel Hunt reaffirmed a "buy" rating and set a GBX 375 price objective on shares of Mitchells & Butlers in a research report on Friday, July 25th. Finally, Deutsche Bank Aktiengesellschaft raised 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. Two investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company's stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of GBX 337.50.

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.