Mitchells & Butlers plc (LON:MAB) Insider Phil Urban Buys 64 Shares of Stock

Mitchells & Butlers plc (LON:MAB) insider Phil Urban acquired 64 shares of the business’s stock in a transaction dated Friday, March 28th. The stock was acquired at an average cost of GBX 216 ($2.79) per share, with a total value of £138.24 ($178.60).

Phil Urban also recently made the following trade(s):

• On Friday, January 3rd, Phil Urban purchased 57 shares of Mitchells & Butlers stock. The shares were acquired at an average price of GBX 242 ($3.13) per share, with a total value of £137.94 ($178.22).

Mitchells & Butlers Stock Down 3.4 %

Shares of Mitchells & Butlers stock opened at GBX 211 ($2.73) on Tuesday. The company has a debt-to-equity ratio of 63.56, a quick ratio of 0.46 and a current ratio of 0.46. Mitchells & Butlers plc has a 52-week low of GBX 209.96 ($2.71) and a 52-week high of GBX 320 ($4.13). The company’s 50 day moving average price is GBX 225.89 and its 200-day moving average price is GBX 246.85. The stock has a market capitalization of £1.25 billion, a price-to-earnings ratio of 27.95, a P/E/G ratio of 2.76 and a beta of 1.71.

Analysts Set New Price Targets

Separately, Shore Capital reissued a “buy” rating on shares of Mitchells & Butlers in a research note on Friday, March 7th.

Mitchells & Butlers Company Profile

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.