Mitchells & Butlers (LON:MAB) Shares Pass Above 200-Day Moving Average of $238.14

Shares of Mitchells & Butlers plc (LON:MAB) passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 238.14 ($2.99) and traded as high as GBX 242.50 ($3.05). Mitchells & Butlers shares last traded at GBX 241.50 ($3.03), with a volume of 287,897 shares.

Wall Street Analyst Weigh In

MAB has been the topic of a number of research analyst reports. Shore Capital raised shares of Mitchells & Butlers to a “buy” rating in a research report on Thursday, February 22nd. Jefferies Financial Group boosted their price target on shares of Mitchells & Butlers from GBX 270 ($3.39) to GBX 325 ($4.08) and gave the company a “buy” rating in a research report on Tuesday, February 20th. One research analyst has rated the stock with a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of GBX 295 ($3.71).

Mitchells & Butlers Trading Up 1.0 %

The stock’s fifty day moving average price is GBX 234.45 and its 200 day moving average price is GBX 238.14. The stock has a market cap of £1.43 billion, a P/E ratio of -24,150.00, a PEG ratio of 2.76 and a beta of 1.57. The company has a current ratio of 0.41, a quick ratio of 0.46 and a debt-to-equity ratio of 84.51.

About Mitchells & Butlers

Mitchells & Butlers plc engages in the management of pubs, bars, and restaurants in the United Kingdom and Germany. The company operates its pubs and restaurants under the Alex, All Bar One, Browns, Castle, EGO, Ember Inns, Harvester, High Street, Innkeeper's Lodge, Miller & Carter, Nicholson's, O'Neill's, Premium Country Pubs, Sizzling Pubs, Suburban, Stonehouse Pizza & Carvery, Toby Carvery, and Vintage Inns brands and formats.