Beaufort Securities downgraded Mitchells Butlers PLC (LON:MAB) to Hold in a report released today.
- Updated: November 26, 2016
Yesterday Mitchells Butlers PLC (LON:MAB) traded -2.23% lower at 0.00GBX. The company’s 50-day moving average is 274.55GBX and its 200-day moving average is 265.31GBX. The last stock close price is down -9.31% from the 200-day moving average, compared to the S&P 500 which has decreased -0.03% over the same time. 717,736 shares of the stock were exchanged, up from an average trading volume of 353,099
Beaufort Securities has downgraded Mitchells Butlers PLC (LON:MAB) to Hold in a report released on 11/23/2016. They are also indicating a possible upside of 0%.
Previously on 11/22/2016, Canaccord Genuity reported about Mitchells Butlers PLC (LON:MAB) held steady the target price at 350.00GBX. At the time, this indicated a possible upside of 0.35%.
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Mitchells Butlers PLC has a 52 week low of 207.00GBX and a 52 week high of 350.00GBX with a P/E ratio of 8.27 The company’s market cap is currently 0 GBX.
In addition to Beaufort Securities reporting its target price, a total of 12 firms have reported on the stock. The consensus target price is 338.75GBX with 5 firms rating the stock a strong buy, 4 firms rating the stock a buy, 5 firms rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 firms rating the stock a sell.
About Mitchells Butlers PLC (LON:MAB)
Mitchells & Butlers plc is an operator of restaurants, pubs and bars. The Company operates through retail operating business and property business segments. The Company operates approximately 1,700 restaurants and pubs in the United Kingdom. The Company's brands include Sizzling Pubs, Vintage Inns, Harvester, Ember Inns, Toby Carvery, Crown Carveries, Castle, Nicholson's, O'Neill's, Alex, All Bar One, Miller & Carter, Browns, Innkeeper's Lodge, Oak Tree, Orchid Pubs and Premium Country Pubs. The Company offers Dining Out cards. Toby Carvery lays on a family-sized feast of tender, slow-cooked meats and over eight lots of vegetables, including crispy, ruffled roasties and all the trimmings. Heartland is a collection of pubs and carveries in the United Kingdom. The Company manages over 300 country pubs in the United Kingdom.
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