Mitchells & Butlers (LON:MAB) Stock Crosses Above 200 Day Moving Average - Time to Sell?

Key Points

• Mitchells & Butlers plc's stock has surpassed its 200-day moving average with a recent high of GBX 278 ($3.69), indicating potential bullish momentum.
• Analysts from Shore Capital and Peel Hunt have reaffirmed their "buy" ratings, with Peel Hunt setting a target price of GBX 375 ($4.98).
• The company reported earnings of GBX 16.80 ($0.22) per share for its last quarter, with expectations for an average EPS of 26.63 for the current fiscal year.

Mitchells & Butlers plc (LON:MAB - Get Free Report) shares passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 252.53 ($3.40) and traded as high as GBX 278 ($3.74). Mitchells & Butlers shares last traded at GBX 273.50 ($3.68), with a volume of 2,192,919 shares traded.

Analyst Upgrades and Downgrades

Several research analysts recently commented on MAB shares. Shore Capital reiterated a "buy" rating on shares of Mitchells & Butlers in a report on Friday, July 25th. Peel Hunt reiterated a "buy" rating and set a GBX 375 ($5.04) target price on shares of Mitchells & Butlers in a research report on Friday, July 25th. Finally, Deutsche Bank Aktiengesellschaft lifted their price target on shares of Mitchells & Butlers from GBX 280 ($3.77) to GBX 300 ($4.03) and gave the company a "hold" rating in a report on Friday, July 25th.

Mitchells & Butlers Stock Performance

The company has a market capitalization of £1.60 billion, a P/E ratio of 35.76, a P/E/G 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 50 day simple moving average is GBX 281.90 and its two-hundred day simple moving average is GBX 253.20.

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