Mitchells & Butlers plc (LON:MAB)‘s stock had its “neutral” rating reissued by JPMorgan Chase & Co. in a report released on Friday.
MAB has been the subject of several other research reports. Shore Capital restated a “hold” rating on shares of Mitchells & Butlers plc in a report on Thursday, September 22nd. Canaccord Genuity decreased their price objective on shares of Mitchells & Butlers plc from GBX 360 ($4.70) to GBX 350 ($4.57) and set a ” buy” rating for the company in a report on Thursday, July 28th. Panmure Gordon reiterated a “hold” rating and set a GBX 280 ($3.65) price objective on shares of Mitchells & Butlers plc in a report on Friday, September 9th. Peel Hunt reiterated a “hold” rating and set a GBX 262 ($3.42) price objective on shares of Mitchells & Butlers plc in a report on Wednesday, July 27th. Finally, Citigroup Inc. lowered shares of Mitchells & Butlers plc to a “neutral” rating in a report on Thursday, July 7th. Nine equities research analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. Mitchells & Butlers plc has an average rating of “Buy” and an average target price of GBX 357.40 ($4.67).
Mitchells & Butlers plc (LON:MAB) opened at 270.10 on Friday. The company’s market cap is GBX 1.12 billion. The stock has a 50 day moving average of GBX 261.73 and a 200 day moving average of GBX 264.59. 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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