Mitchells & Butlers (LON:MAB) Rating Reiterated by Shore Capital

Mitchells & Butlers (LON:MAB)‘s stock had its “buy” rating reaffirmed by equities research analysts at Shore Capital in a note issued to investors on Thursday, MarketBeat Ratings reports.

Separately, JPMorgan Chase & Co. lifted their price objective on shares of Mitchells & Butlers from GBX 290 ($3.75) to GBX 340 ($4.40) and gave the stock a “neutral” rating in a research report on Thursday, May 23rd.

Mitchells & Butlers Trading Up 2.8 %

Shares of MAB stock opened at GBX 315 ($4.07) on Thursday. Mitchells & Butlers has a 52-week low of GBX 195 ($2.52) and a 52-week high of GBX 315.50 ($4.08). The company has a 50-day simple moving average of GBX 297.87 and a two-hundred day simple moving average of GBX 262.17. The company has a market capitalization of £1.87 billion, a price-to-earnings ratio of 4,500.00, a PEG ratio of 2.76 and a beta of 1.54. The company has a debt-to-equity ratio of 78.60, a quick ratio of 0.46 and a current ratio of 0.47.

Mitchells & Butlers Company Profile

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.