Today: Today, Mitchells & Butlers plc’s (MAB) Hold Rating Reiterate at Panmure Gordon

Today, Mitchells & Butlers plc’s (MAB) Hold Rating Reiterate at Panmure Gordon

Panmure Gordon reissued their hold rating on shares of Mitchells & Butlers plc (LON:MAB) in a research note published on Tuesday morning. The firm currently has a GBX 280 ($3.50) target price on the stock.

Other equities research analysts have also recently issued reports about the stock. Shore Capital reaffirmed a hold rating on shares of Mitchells & Butlers plc in a report on Thursday, September 22nd. Canaccord Genuity reissued a buy rating and set a GBX 350 ($4.37) price target on shares of Mitchells & Butlers plc in a report on Thursday, September 22nd. HSBC cut their price target on shares of Mitchells & Butlers plc from GBX 340 ($4.25) to GBX 275 ($3.44) and set a buy rating for the company in a report on Monday, August 1st. JPMorgan Chase & Co. increased their price target on shares of Mitchells & Butlers plc from GBX 240 ($3.00) to GBX 260 ($3.25) and gave the stock a neutral rating in a report on Thursday, July 28th. Finally, Peel Hunt reissued a hold rating and set a GBX 262 ($3.27) price target on shares of Mitchells & Butlers plc in a report on Wednesday, July 27th. Two investment analysts have rated the stock with a sell rating, seven have given a hold rating and seven have assigned a buy rating to the company’s stock. The company currently has an average rating of Hold and an average price target of GBX 341.64 ($4.27).

Shares of Mitchells & Butlers plc (LON:MAB) opened at 242.00 on Tuesday. Mitchells & Butlers plc has a one year low of GBX 207.00 and a one year high of GBX 350.00. The stock’s market cap is GBX 999.46 million. The stock’s 50 day moving average price is GBX 275.61 and its 200 day moving average price is GBX 265.48.

The company also recently disclosed a dividend, which will be paid on Tuesday, February 7th. Investors of record on Thursday, December 1st will be paid a dividend of GBX 5 ($0.06) per share. This is an increase from Mitchells & Butlers plc’s previous dividend of $2.50. The ex-dividend date of this dividend is Thursday, December 1st. This represents a dividend yield of 1.89%.

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