Mitchells & Butlers plc (LON:MAB)‘s stock had its “hold” rating restated by investment analysts at Shore Capital in a note issued to investors on Thursday.
Other analysts also recently issued reports about the company. HSBC raised Mitchells & Butlers plc to a “buy” rating and upped their price objective for the company from GBX 300 ($3.92) to GBX 340 ($4.44) in a research note on Wednesday, May 25th. Panmure Gordon reaffirmed a “hold” rating and set a GBX 280 ($3.65) price objective on shares of Mitchells & Butlers plc in a research note on Friday, September 9th. Numis Securities Ltd reaffirmed an “add” rating and set a GBX 268 ($3.50) price objective on shares of Mitchells & Butlers plc in a research note on Thursday. FinnCap reaffirmed a “buy” rating on shares of Mitchells & Butlers plc in a research note on Thursday, July 28th. Finally, JPMorgan Chase & Co. upped their price objective on Mitchells & Butlers plc from GBX 240 ($3.13) to GBX 260 ($3.39) and gave the company a “neutral” rating in a research note on Thursday, July 28th. Nine analysts have rated the stock with a hold rating and nine have issued a buy rating to the company. Mitchells & Butlers plc presently has an average rating of “Buy” and an average price target of GBX 357.40 ($4.67).
Shares of Mitchells & Butlers plc (LON:MAB) opened at 271.40 on Thursday. The firm’s market capitalization is GBX 1.12 billion. The stock has a 50 day moving average price of GBX 260.73 and a 200-day moving average price of GBX 264.93. Mitchells & Butlers plc has a 52 week low of GBX 207.00 and a 52 week high of GBX 365.00.
Mitchells & Butlers plc Company Profile
Mitchells & Butlers plc is an operator of restaurants, pubs and bars. The Company operates through retail operating business and property business segments. The Company operates approximately 1,700 restaurants and pubs in the United Kingdom. The Company’s brands include Sizzling Pubs, Vintage Inns, Harvester, Ember Inns, Toby Carvery, Crown Carveries, Castle, Nicholson’s, O’Neill’s, Alex, All Bar One, Miller & Carter, Browns, Innkeeper’s Lodge, Oak Tree, Orchid Pubs and Premium Country Pubs.
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