Mitchells & Butlers plc (LON:MAB - Get Free Report)'s share price crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 264.19 and traded as low as GBX 261. Mitchells & Butlers shares last traded at GBX 261, with a volume of 173,942 shares changing hands.
Analyst Ratings Changes
Several analysts have recently weighed in on the company. Berenberg Bank reissued a "buy" rating and issued a GBX 1,150 target price on shares of Mitchells & Butlers in a report on Monday, March 30th. Shore Capital Group reissued a "buy" rating on shares of Mitchells & Butlers in a report on Thursday, January 15th. Four analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of GBX 511.
Read Our Latest Report on Mitchells & Butlers
Mitchells & Butlers Stock Performance
The company has a 50 day simple moving average of GBX 274.62 and a 200 day simple moving average of GBX 264.19. The company has a current ratio of 0.47, a quick ratio of 0.46 and a debt-to-equity ratio of 53.55. The stock has a market capitalization of £1.55 billion, a PE ratio of 8.85, a P/E/G ratio of 2.76 and a beta of 1.34.
About Mitchells & Butlers
(
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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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