Insider Buying: Mitchells & Butlers plc (LON:MAB) Insider Acquires £137.94 in Stock

Mitchells & Butlers plc (LON:MAB) insider Phil Urban bought 57 shares of the company’s stock in a transaction that occurred on Friday, January 3rd. The stock was purchased at an average price of GBX 242 ($2.99) per share, for a total transaction of £137.94 ($170.51).

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

• On Friday, December 6th, Phil Urban sold 28,609 shares of Mitchells & Butlers stock. The shares were sold at an average price of GBX 250 ($3.09), for a total value of £71,522.50 ($88,408.53).
• On Monday, December 2nd, Phil Urban sold 106,910 shares of Mitchells & Butlers stock. The shares were sold at an average price of GBX 246 ($3.04), for a total value of £262,998.60 ($325,090.98).
• On Friday, November 8th, Phil Urban purchased 57 shares of Mitchells & Butlers stock. The shares were acquired at an average price of GBX 239 ($2.95) per share, with a total value of £136.23 ($168.39).
• On Friday, October 11th, Phil Urban bought 50 shares of Mitchells & Butlers stock. The shares were bought at an average cost of GBX 278 ($3.44) per share, for a total transaction of £139 ($171.82).

Mitchells & Butlers Stock Performance

Mitchells & Butlers stock opened at GBX 234 ($2.89) on Thursday. The firm has a market capitalization of £1.39 billion, a P/E ratio of 3,342.86, a P/E/G ratio of 2.76 and a beta of 1.71. The stock has a fifty day moving average price of GBX 243.03 and a two-hundred day moving average price of GBX 275.81. Mitchells & Butlers plc has a 52-week low of GBX 220 ($2.72) and a 52-week high of GBX 320 ($3.96). The company has a debt-to-equity ratio of 78.60, a current ratio of 0.47 and a quick ratio of 0.46.

Analysts Set New Price Targets

MAB has been the subject of several research reports. JPMorgan Chase & Co. reaffirmed a “neutral” rating on shares of Mitchells & Butlers in a research report on Wednesday, September 11th. Shore Capital restated a “buy” rating on shares of Mitchells & Butlers in a research note on Thursday, December 19th.

Mitchells & Butlers Company Profile

Mitchells & Butlers is a leading operator of managed restaurants and pubs in the UK. It listed on the London Stock Exchange in April 2003 and is a member of the FTSE 250. Its restaurants and pubs have some of the highest average sales and profits per site in the industry and it operates the best portfolio of brands in the UK.