Mitchells & Butlers (LON:MAB) Insider Sells £422,965.40 in Stock

by · The Cerbat Gem

Mitchells & Butlers plc (LON:MAB – Get Free Report) insider Timothy (Tim) Charles Jones sold 162,679 shares of Mitchells & Butlers stock in a transaction that occurred on Thursday, December 11th. The shares were sold at an average price of GBX 260, for a total transaction of £422,965.40.

Timothy (Tim) Charles Jones also recently made the following trade(s):

  • On Friday, November 7th, Timothy (Tim) Charles Jones purchased 57 shares of Mitchells & Butlers stock. The stock was bought at an average cost of GBX 243 per share, for a total transaction of £138.51.
  • On Friday, October 10th, Timothy (Tim) Charles Jones purchased 54 shares of Mitchells & Butlers stock. The stock was bought at an average price of GBX 253 per share, for a total transaction of £136.62.

Mitchells & Butlers Price Performance

MAB stock opened at GBX 255.50 on Monday. The business has a 50 day moving average of GBX 250.48 and a 200 day moving average of GBX 264.80. The firm has a market cap of £1.52 billion, a PE ratio of 8.66, a price-to-earnings-growth ratio of 2.76 and a beta of 1.71. Mitchells & Butlers plc has a twelve month low of GBX 194.40 and a twelve month high of GBX 308. 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 (LON:MAB – Get Free Report) last released its earnings results on Friday, November 28th. The company reported GBX 30.90 EPS for the quarter. Mitchells & Butlers had a return on equity of 1.89% and a net margin of 1.72%. On average, research analysts forecast that Mitchells & Butlers plc will post 26.6341463 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

MAB has been the subject of a number of analyst reports. Panmure Gordon restated a “buy” rating and set a GBX 390 price objective on shares of Mitchells & Butlers in a research note on Tuesday, December 2nd. JPMorgan Chase & Co. restated a “neutral” rating and issued a GBX 340 price objective on shares of Mitchells & Butlers in a report on Tuesday, December 2nd. Finally, Shore Capital reiterated a “buy” rating on shares of Mitchells & Butlers in a research note on Friday, November 28th. Three research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of GBX 351.25.

View Our Latest Analysis on Mitchells & Butlers

About Mitchells & Butlers

(Get Free Report)

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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