Mitchells & Butlers (LON:MAB) Sets New 52-Week High at $314.50

Mitchells & Butlers plc (LON:MABGet Free Report) hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as GBX 314.50 ($4.00) and last traded at GBX 308.50 ($3.93), with a volume of 11704 shares traded. The stock had previously closed at GBX 308.50 ($3.93).

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on MAB shares. JPMorgan Chase & Co. lifted their price target on shares of Mitchells & Butlers from GBX 290 ($3.69) to GBX 340 ($4.33) and gave the company a “neutral” rating in a research note on Thursday, May 23rd. Jefferies Financial Group lifted their price target on shares of Mitchells & Butlers from GBX 270 ($3.44) to GBX 325 ($4.14) and gave the company a “buy” rating in a research note on Tuesday, February 20th. Finally, Shore Capital reaffirmed a “buy” rating on shares of Mitchells & Butlers in a research note on Wednesday, May 22nd. One investment analyst has rated the stock with a hold rating and four have issued a buy rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 307.50 ($3.92).

Check Out Our Latest Analysis on Mitchells & Butlers

Mitchells & Butlers Price Performance

The company has a market cap of £1.83 billion, a P/E ratio of 4,407.14, a P/E/G ratio of 2.76 and a beta of 1.54. The company has a quick ratio of 0.46, a current ratio of 0.47 and a debt-to-equity ratio of 78.60. The business’s 50 day moving average is GBX 257.27 and its 200 day moving average is GBX 249.52.

Mitchells & Butlers Company Profile

(Get Free Report)

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.

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