Mitchells & Butlers (LON:MAB) Earns “Buy” Rating from Shore Capital

Mitchells & Butlers (LON:MAB)‘s stock had its “buy” rating reissued by Shore Capital in a research report issued to clients and investors on Friday, Marketbeat Ratings reports.

Mitchells & Butlers Stock Performance

LON:MAB opened at GBX 218.50 ($2.82) on Friday. The company has a quick ratio of 0.46, a current ratio of 0.46 and a debt-to-equity ratio of 63.56. The company has a market cap of £1.30 billion, a P/E ratio of 28.94, a P/E/G ratio of 2.76 and a beta of 1.71. Mitchells & Butlers has a fifty-two week low of GBX 213 ($2.75) and a fifty-two week high of GBX 320 ($4.13). The firm’s 50 day moving average is GBX 231.58 and its two-hundred day moving average is GBX 255.68.

Insider Transactions at Mitchells & Butlers

In other news, insider Timothy (Tim) Charles Jones sold 13,429 shares of the stock in a transaction 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 ($41,819.21). Insiders acquired 179 shares of company stock valued at $41,478 over the last 90 days. Corporate insiders own 57.51% of the company’s stock.

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.