Mitchells & Butlers (LON:MAB) Given Buy Rating at Shore Capital

Mitchells & Butlers (LON:MAB)‘s stock had its “buy” rating reaffirmed by investment analysts at Shore Capital in a report released on Friday,Digital Look reports.

Mitchells & Butlers Stock Performance

LON MAB opened at GBX 215 ($2.77) on Friday. The company has a market capitalization of £1.27 billion, a P/E ratio of 28.48, a P/E/G ratio of 2.76 and a beta of 1.71. 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 has a 12-month low of GBX 213 ($2.74) and a 12-month high of GBX 320 ($4.12). The firm has a 50-day moving average price of GBX 232.64 and a two-hundred day moving average price of GBX 256.54.

Insiders Place Their Bets

In other news, insider Timothy (Tim) Charles Jones sold 13,429 shares of the business’s stock in a transaction that occurred on Wednesday, January 15th. The shares were sold at an average price of GBX 241 ($3.11), for a total value of £32,363.89 ($41,706.04). Over the last 90 days, insiders have purchased 179 shares of company stock valued at $41,478. Company insiders own 57.51% of the company’s stock.

About Mitchells & Butlers

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.