Phil Urban Buys 52 Shares of Mitchells & Butlers (LON:MAB) Stock

Key Points

• Insider Phil Urban purchased 52 shares of Mitchells & Butlers at an average price of GBX 262 per share, totaling £136.24, on September 12th.
• Mitchells & Butlers' stock is currently rated as a "Moderate Buy" with an average price target of GBX 337.50, according to consensus from multiple analysts.
• The stock has seen a recent uptick of 2.3% and currently trades with a market capitalization of £1.59 billion.

Mitchells & Butlers plc (LON:MAB - Get Free Report) insider Phil Urban bought 52 shares of the firm'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 £136.24.

Phil Urban also recently made the following trade(s):

• On Friday, August 15th, Phil Urban acquired 52 shares of Mitchells & Butlers stock. The stock was purchased at an average price of GBX 264 per share, with a total value of £137.28.
• On Friday, July 18th, Phil Urban acquired 50 shares of Mitchells & Butlers stock. The stock was purchased at an average price of GBX 278 per share, with a total value of £139.
• On Friday, June 20th, Phil Urban purchased 49 shares of Mitchells & Butlers stock. The shares were acquired at an average cost of GBX 279 per share, with a total value of £136.71.

Mitchells & Butlers Trading Up 2.3%

MAB stock opened at GBX 267.50 on Monday. The business has a fifty day moving average price of GBX 271.27 and a 200 day moving average price of GBX 259.18. The stock has a market capitalization of £1.59 billion, a price-to-earnings ratio of 955.36, a P/E/G ratio of 2.76 and a beta of 1.71. Mitchells & Butlers plc has a fifty-two week low of GBX 194.40 and a fifty-two week high of GBX 310. The company has a debt-to-equity ratio of 63.56, a current ratio of 0.46 and a quick ratio of 0.46.

Analyst Upgrades and Downgrades

MAB has been the topic of several recent research reports. Deutsche Bank Aktiengesellschaft raised their price target on Mitchells & Butlers from GBX 280 to GBX 300 and gave the stock a "hold" rating in a research report on Friday, July 25th. Peel Hunt restated a "buy" rating and issued a GBX 375 price target on shares of Mitchells & Butlers in a research report on Friday, July 25th. Finally, Shore Capital restated a "buy" rating on shares of Mitchells & Butlers in a research report on Friday, July 25th. Two investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company's stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target 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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