Shares of Mitchells & Butlers plc (LON:MAB) have been assigned a consensus recommendation of “Hold” from the eleven brokerages that are currently covering the company, MarketBeat.com reports. Three equities research analysts have rated the stock with a sell recommendation, five have given a hold recommendation and three have assigned a buy recommendation to the company. The average 1-year price objective among brokerages that have issued ratings on the stock in the last year is GBX 288.13 ($3.76).
Several equities research analysts recently weighed in on MAB shares. Royal Bank of Canada started coverage on shares of Mitchells & Butlers in a research note on Tuesday, December 4th. They issued an “underperform” rating and a GBX 275 ($3.59) target price for the company. HSBC raised shares of Mitchells & Butlers to a “buy” rating and increased their price target for the stock from GBX 290 ($3.79) to GBX 310 ($4.05) in a research report on Tuesday, December 4th. Liberum Capital raised shares of Mitchells & Butlers to a “hold” rating and increased their price target for the stock from GBX 210 ($2.74) to GBX 270 ($3.53) in a research report on Thursday, January 10th. Shore Capital reissued a “hold” rating on shares of Mitchells & Butlers in a research report on Thursday, January 10th. Finally, Peel Hunt reissued a “buy” rating on shares of Mitchells & Butlers in a research report on Thursday, January 10th.
LON MAB opened at GBX 277.60 ($3.63) on Thursday. The company has a debt-to-equity ratio of 125.55, a current ratio of 0.52 and a quick ratio of 0.42. Mitchells & Butlers has a twelve month low of GBX 235 ($3.07) and a twelve month high of GBX 294.40 ($3.85). The stock has a market capitalization of $1.18 billion and a P/E ratio of 11.38.
Mitchells & Butlers plc manages pubs, bars, and restaurants in the United Kingdom and Germany. It operates its pubs and restaurants under the Harvester, Toby Carvery, All Bar One, Miller & Carter, Premium Country Pubs, Sizzling Pubs, Stonehouse, Vintage Inns, Browns, Castle, Nicholson's, O'Neill's, Innkeeper's Lodge, Alex, and Ember Inns brands and formats.
Featured Story: What is the quiet period?
Receive News & Ratings for Mitchells & Butlers Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mitchells & Butlers and related companies with MarketBeat.com's FREE daily email newsletter.