Mitchells & Butlers' (MAB) Buy Rating Reaffirmed at Peel Hunt

Key Points

• Mitchells & Butlers' stock has received a reaffirmed "buy" rating from Peel Hunt, with a price target of GBX 375, suggesting a potential upswing of 31% from its last closing price.
• As of the latest trading, shares are down 0.6%, currently priced at GBX 286.26, amidst a backdrop of recent earnings that showed an EPS of GBX 16.80.
• The company, a major player in the UK managed restaurants and pubs sector, boasts a market cap of £1.70 billion and operates a strong portfolio of brands within the industry.

Mitchells & Butlers (LON:MAB - Get Free Report)'s stock had its "buy" rating reissued by equities research analysts at Peel Hunt in a research note issued to investors on Friday,London Stock Exchange reports. They currently have a GBX 375 ($5.04) price objective on the stock. Peel Hunt's price target indicates a potential upside of 31.00% from the stock's previous close.

Separately, Shore Capital reiterated a "buy" rating on shares of Mitchells & Butlers in a report on Friday.

Mitchells & Butlers Stock Down 0.6%

Shares of LON MAB opened at GBX 286.26 ($3.85) on Friday. The firm has a fifty day simple moving average of GBX 283.50 and a two-hundred day simple moving average of GBX 250.81. Mitchells & Butlers has a 12 month low of GBX 194.40 ($2.61) and a 12 month high of GBX 320 ($4.30). The company has a current ratio of 0.46, a quick ratio of 0.46 and a debt-to-equity ratio of 63.56. The firm has a market capitalization of £1.70 billion, a PE ratio of 37.91, a price-to-earnings-growth ratio of 2.76 and a beta of 1.71.

Mitchells & Butlers (LON:MAB - Get Free Report) last announced its quarterly 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 net margin of 1.72% and a return on equity of 1.89%. Equities analysts expect that Mitchells & Butlers 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.

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