Phil Urban Acquires 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 purchased 52 shares of Mitchells & Butlers stock in a transaction that occurred on Friday, September 12th. The stock was bought at an average cost 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 shares were bought at an average cost of GBX 264 per share, for a total transaction of £137.28.
• On Friday, July 18th, Phil Urban acquired 50 shares of Mitchells & Butlers stock. The stock was acquired at an average cost of GBX 278 per share, with a total value of £139.
• On Friday, June 20th, Phil Urban bought 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

Mitchells & Butlers stock traded down GBX 3.50 on Friday, hitting 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 fifty day moving average price of GBX 269.78 and a 200-day moving average price of GBX 259.96. The company has a quick ratio of 0.46, a current ratio of 0.46 and a debt-to-equity ratio of 63.56. Mitchells & Butlers plc has a one year low of GBX 194.40 and a one year high of GBX 310. The firm has a market cap of £1.56 billion, a P/E ratio of 937.50, a price-to-earnings-growth ratio of 2.76 and a beta of 1.71.

Analysts Set New Price Targets

MAB has been the subject of several research reports. Peel Hunt reaffirmed a "buy" rating and set a GBX 375 price target on shares of Mitchells & Butlers in a research note on Friday, July 25th. Deutsche Bank Aktiengesellschaft lifted their target price on Mitchells & Butlers from GBX 280 to GBX 300 and gave the company a "hold" rating in a research report on Friday, July 25th. Finally, Shore Capital reaffirmed a "buy" rating on shares of Mitchells & Butlers in a research report on Friday, July 25th. Two analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus 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.