Insider Buying: Mitchells & Butlers plc (LON:MAB) Insider Purchases 50 Shares of Stock

Mitchells & Butlers plc (LON:MAB) insider Phil Urban bought 50 shares of the firm’s stock in a transaction that occurred on Friday, October 11th. The shares were purchased at an average cost of GBX 278 ($3.63) per share, for a total transaction of £139 ($181.51).

Mitchells & Butlers Price Performance

Shares of LON:MAB opened at GBX 271.50 ($3.55) on Thursday. The company’s fifty day moving average price is GBX 294.64 and its 200-day moving average price is GBX 282.86. The firm has a market capitalization of £1.61 billion, a price-to-earnings ratio of 3,878.57, a PEG ratio of 2.76 and a beta of 1.71. Mitchells & Butlers plc has a one year low of GBX 195 ($2.55) and a one year high of GBX 320 ($4.18). The company has a debt-to-equity ratio of 78.60, a current ratio of 0.47 and a quick ratio of 0.46.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on MAB shares. Shore Capital reaffirmed a “buy” rating on shares of Mitchells & Butlers in a report on Thursday, September 26th. JPMorgan Chase & Co. reaffirmed a “neutral” rating on shares of Mitchells & Butlers in a report on Wednesday, September 11th.

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.