Mitchells & Butlers (LON:MAB) had its target price lifted by investment analysts at JPMorgan Chase & Co. from GBX 270 ($3.53) to GBX 280 ($3.66) in a report issued on Friday. The firm presently has a “neutral” rating on the stock. JPMorgan Chase & Co.’s price objective indicates a potential upside of 3.47% from the company’s previous close.
Several other research firms also recently weighed in on MAB. Canaccord Genuity assumed coverage on Mitchells & Butlers in a research report on Thursday. They set a “hold” rating and a GBX 280 ($3.66) target price on the stock. Peel Hunt reiterated a “buy” rating on shares of Mitchells & Butlers in a research report on Wednesday, November 14th. Liberum Capital reiterated a “sell” rating on shares of Mitchells & Butlers in a research report on Thursday. Citigroup upgraded Mitchells & Butlers to a “neutral” rating in a research report on Monday, September 3rd. Finally, Shore Capital reiterated a “hold” rating on shares of Mitchells & Butlers in a research report on Thursday, August 2nd. Three analysts have rated the stock with a sell rating, seven have given a hold rating and one has assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average target price of GBX 264.44 ($3.46).
LON MAB opened at GBX 270.60 ($3.54) on Friday. Mitchells & Butlers has a fifty-two week low of GBX 219.90 ($2.87) and a fifty-two week high of GBX 284.80 ($3.72).
Mitchells & Butlers plc managed pubs and restaurants in the United Kingdom and Germany. The company operates through Retail Operating Business and Property Business segments. It operates its pubs and restaurants under the Harvester, Toby Carvery, All Bar One, Miller & Carter, Premium Country Pubs, Sizzling Pubs, Oak Tree Pubs, Crown Carveries, Stonehouse, Vintage Inns, Browns, Castle, Nicholson's, O'Neill's, Innkeeper's Lodge, Alex, and Ember Inns brands and formats.
See Also: Balance Sheet
Receive News & Ratings for Mitchells & Butlers Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mitchells & Butlers and related companies with MarketBeat.com's FREE daily email newsletter.