AlphaValue restated their buy rating on shares of Mitchells & Butlers plc (LON:MAB) in a research note released on Monday morning. They currently have a GBX 304 ($3.77) price target on the stock.
MAB has been the topic of a number of other research reports. Shore Capital reissued a hold rating on shares of Mitchells & Butlers plc in a research note on Thursday, September 22nd. HSBC increased their price target on Mitchells & Butlers plc from GBX 275 ($3.41) to GBX 305 ($3.78) and gave the company a buy rating in a research note on Tuesday, November 8th. Panmure Gordon restated a hold rating and issued a GBX 280 ($3.47) price objective on shares of Mitchells & Butlers plc in a research report on Friday, September 9th. Beaufort Securities cut shares of Mitchells & Butlers plc to a hold rating in a research report on Wednesday, November 23rd. Finally, Canaccord Genuity restated a buy rating and issued a GBX 350 ($4.34) price objective on shares of Mitchells & Butlers plc in a research report on Thursday, September 22nd. Two investment analysts have rated the stock with a sell rating, seven have issued a hold rating and seven have issued a buy rating to the company. The company currently has a consensus rating of Hold and a consensus price target of GBX 335.43 ($4.16).
Shares of Mitchells & Butlers plc (LON:MAB) opened at 230.00 on Monday. Mitchells & Butlers plc has a 12 month low of GBX 207.00 and a 12 month high of GBX 350.00. The firm’s market cap is GBX 949.90 million. The firm has a 50 day moving average price of GBX 273.33 and a 200-day moving average price of GBX 264.94.
The company also recently announced a dividend, which will be paid on Tuesday, February 7th. Investors of record on Thursday, December 1st will be paid a GBX 5 ($0.06) dividend. This is an increase from Mitchells & Butlers plc’s previous dividend of $2.50. This represents a yield of 1.89%. The ex-dividend date of this dividend is Thursday, December 1st.