Other analysts have also recently issued research reports about the company. JPMorgan Chase & Co. cut their target price on Mitchells & Butlers from GBX 280 ($3.87) to GBX 270 ($3.73) and set a neutral rating on the stock in a research report on Tuesday, December 5th. HSBC cut their target price on Mitchells & Butlers from GBX 265 ($3.66) to GBX 260 ($3.59) and set a hold rating on the stock in a research report on Wednesday, December 6th. Shore Capital reiterated a hold rating on shares of Mitchells & Butlers in a research report on Thursday, November 23rd. Barclays reiterated an underweight rating and set a GBX 220 ($3.04) target price on shares of Mitchells & Butlers in a research report on Wednesday, November 29th. Finally, Deutsche Bank lifted their target price on Mitchells & Butlers from GBX 245 ($3.38) to GBX 250 ($3.45) and gave the stock a hold rating in a research report on Monday, November 27th. Four investment analysts have rated the stock with a sell rating, seven have given a hold rating and one has assigned a buy rating to the company. Mitchells & Butlers currently has an average rating of Hold and a consensus target price of GBX 257.50 ($3.56).
Mitchells & Butlers (LON:MAB) traded up GBX 1.40 ($0.02) on Friday, hitting GBX 244.20 ($3.37). The stock had a trading volume of 174,957 shares, compared to its average volume of 415,480. Mitchells & Butlers has a twelve month low of GBX 219.90 ($3.04) and a twelve month high of GBX 284.80 ($3.93). The firm has a market capitalization of $1,070.00 and a PE ratio of 1,628.00.
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Mitchells & Butlers Company Profile
Mitchells & Butlers plc managed pubs and restaurants in the United Kingdom and Germany. The company operates through Retail Operating Business and Property Business segments. It operates its pubs and restaurants under the Harvester, Toby Carvery, All Bar One, Miller & Carter, Premium Country Pubs, Sizzling Pubs, Oak Tree Pubs, Crown Carveries, Stonehouse, Vintage Inns, Browns, Castle, Nicholson's, O'Neill's, Innkeeper's Lodge, Alex, and Ember Inns brands and formats.
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