Phil Urban Buys 80 Shares of Mitchells & Butlers plc (LON:MAB) Stock

Posted by on May 3rd, 2023

Mitchells & Butlers plc (LON:MAB – Get Rating) insider Phil Urban acquired 80 shares of Mitchells & Butlers stock in a transaction that occurred on Friday, April 28th. The shares were purchased at an average cost of GBX 173 ($2.16) per share, for a total transaction of £138.40 ($172.91).

Phil Urban also recently made the following trade(s):

  • On Friday, March 3rd, Phil Urban acquired 85 shares of Mitchells & Butlers stock. The stock was acquired at an average cost of GBX 162 ($2.02) per share, with a total value of £137.70 ($172.04).

Mitchells & Butlers Price Performance

Shares of Mitchells & Butlers stock opened at GBX 176.40 ($2.20) on Wednesday. The firm has a fifty day simple moving average of GBX 162.85 and a 200-day simple moving average of GBX 150.92. The company has a current ratio of 0.51, a quick ratio of 0.46 and a debt-to-equity ratio of 92.07. Mitchells & Butlers plc has a 1-year low of GBX 99.70 ($1.25) and a 1-year high of GBX 232.40 ($2.90). The stock has a market capitalization of £1.05 billion, a price-to-earnings ratio of 8,820.00, a PEG ratio of 2.76 and a beta of 1.61.

Analysts Set New Price Targets

Separately, Jefferies Financial Group downgraded shares of Mitchells & Butlers to a “hold” rating and set a GBX 170 ($2.12) price objective on the stock. in a research note on Friday, January 27th. Four analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of GBX 166.75 ($2.08).

Mitchells & Butlers Company Profile

(Get Rating)

Mitchells & Butlers plc engages in 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, Ember Inns, Harvester, Innkeeper's Lodge, Miller & Carter, Nicholson's, O'Neill's, Premium Country Pubs, Sizzling Pubs, Stonehouse, Toby Carvery, and Vintage Inns brands and formats; Innkeeper's Collection hotels in the UK; and restaurants and bars in Germany under the Alex brand.

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Insider Buying and Selling by Quarter for Mitchells & Butlers (LON:MAB)

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