JP Morgan Cazenove retained Mitchells Butlers PLC (LON:MAB) to Neutral in a statement released earlier today.
- Updated: September 22, 2016
JP Morgan Cazenove has retained Mitchells Butlers PLC (LON:MAB) to Neutral in a report released on Friday September 23, 2016.
Previously on Thursday September 22, 2016, Canaccord Genuity released a statement about Mitchells Butlers PLC (LON:MAB) held steady the target price at 350.00GBX. At the time, this indicated a possible upside of 0.29%.
Just yesterday Mitchells Butlers PLC (LON:MAB) traded 1.89% higher at 270.95GBX. Mitchells Butlers PLC’s 50-day moving average is 258.98GBX and its 200-day moving average is 264.85GBX. The last stock price is up 1.98% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 70,668 shares of MAB traded hands, down from an average trading volume of 447,908
Recent Performance Chart
Mitchells Butlers PLC has 52 week low of 207.00GBX and a 52 week high of 365.00GBX with a PE ratio of 9.28 and has a market capitalization of 0 GBX.
In addition to JP Morgan Cazenove reporting its stock price target, a total of 12 brokerages have issued a research note on the company. The average stock price target is 338.75GBX with 5 brokerages rating the stock a strong buy, 4 brokerages rating the stock a buy, 5 brokerages rating the stock a hold, 0 brokerages rating the stock a underperform, and finally 0 brokerages rating the stock a sell.
Brief Synopsis On 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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